Helium Systems

Helium, Inc (or simply Helium) is an Internet-of-Things developer platform founded in 2013 by Amir Haleem, Sean Carey and Shawn Fanning.[1][2] Helium has received a total of $38 million in seed, series A, and series B funding.[3] Prominent investors include: Mark Benioff, SV Angel, FirstMark, Khosla Ventures, and GV (formerly Google Ventures).[3]

Helium's 'Atom' Radio module, which forms the core hardware component of its networking capability, contains a dual-band, 802.15.4 modem, an Atmel ATECC508A security key component.[4]

The company is based in San Francisco, California.

Products

The company previously developed a product that would monitor refrigeration systems and report out-of-range temperatures wirelessly.[5] However, they pivoted and in July 2017 announced a new offering to provide a hardware, and software platform for developers to build IoT applications. The new offering was positioned as a way for developers to streamline the ability to prototype, deploy and scale a long-range wireless network that connects thousands of end devices, and gives companies a simple way to deliver data from device to the cloud and application layer.[6]

In February 2020, Helium changed their protocol from LongFi, a proprietary packet on top of LoRa, to LoRaWAN.

Funding rounds

Seed round: $2,800,000, Nov 1, 2013

Series A: $16,000,000, Dec 9, 2014

Series B: $20,000,000 Apr 25, 2016

References

  1. Lawler, Ryan (Dec 9, 2014). "With $16M In Funding, Helium Wants To Provide The Connective Tissue For The Internet Of Things". Techcrunch. Retrieved 29 July 2017.
  2. Takahashi, Dean (April 26, 2016). "Helium raises $20 million for smart industrial sensors". Venture Beat. Retrieved 29 July 2017.
  3. "Helium - Investors | Crunchbase". Crunchbase. Retrieved 2018-05-04.
  4. "Helium has a go at Internet of Things thing – using ultra-low power tech". The Register. 2015-11-02. Retrieved 2017-08-24.
  5. Fried, Ina (2015-10-27). "Startup Helium Hopes Keeping Things Cool Is a Hot Market". Recode. Retrieved 2017-08-24.
  6. Helium. "Helium Tackles the Connectivity Problem in IoT". www.prnewswire.com. Retrieved 2018-05-05.
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