Satellite

Skylo

Skylo raises $103M Series D at $500M valuation

$103M
Total Raised
Series D
Latest Round
2017
Founded
150+
Employees
Mountain View, CA
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$103M
Latest Round Date
May 2024

Skylo: Series D Funding Round

Skylo has successfully raised $103M in Series D funding, reaching a valuation of $500M.

Company Overview

Satellite-based connectivity for IoT devices globally

Funding Details

The Series D round was led by SoftBank, with participation from Innovation Endeavors.

Company Information

  • Headquarters: Mountain View, CA
  • Founded: 2017
  • Employees: 150+
  • Category: Satellite

Investment

Skylo plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • SoftBank: Verified investor in Series D
  • Innovation Endeavors: Verified investor in Series D

Key Investors

SoftBank
Lead Investor
Verified investor in Series D
Innovation Endeavors
Investor
Verified investor in Series D

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources