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M87 logo — company profile

M87

Founded 2013 United States Bellevue, United States 12 employees Series B Total: $11.00M IT, Mobile +1

General Information

Company Name M87
Founded Year 2013
Location United States Bellevue, United States
Employees 12
Industries IT, Mobile, Telecom
Funding Stage Series B
Social

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About M87

M87 is a pioneering startup that leads the way in shaping the Proximate Internet. Founded in 2010 and headquartered in the United States, M87 specializes in providing software solutions that facilitate the self-discovery and dynamic formation of device-to-device networks among billions of mobile devices. Their innovative software enhances the performance of current mobile networks and fosters connectivity in challenging IoT environments. The company offers two core applications for their groundbreaking technology. Firstly, a full stack software solution that allows the wireless industry to economically enhance coverage, throughput, and capacity by utilizing smartphones for routing and bridging data paths to the network. Secondly, an SDK with exposed APIs that can be leveraged by app developers and IoT companies to harness the potential of proximate device discovery, authentication, communication, and location, thus enabling new features for their applications – termed Communication as a Platform. M87 recently secured a $5.00M Series B investment on 17 November 2016, with contributions from prominent investors such as Madrona, Trilogy Equity Partners, Qualcomm Ventures, and Family Angel Investment Fund. Overall, M87's cutting-edge solutions and strategic investments position it as a significant player in the mobile industry, with the potential to drive substantial advancements in wireless technology and IoT connectivity.

Business keywords: wireless technology, mobile networks, IoT connectivity, device-to-device networks, communication technology, proximate device discovery, APIs for app developers, patent-pending technology, unlicensed spectrum control, data revenue opportunities

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $5.00M 4
Madrona Trilogy Equity Partners Qualcomm Ventures
Madrona, Trilogy Equity Partners +2
17 Nov 2016
Series B $3.00M 2
Qualcomm UT Horizon Fund
Qualcomm, UT Horizon Fund
13 Feb 2015
Venture Round Undisclosed 1
Peter Zandan
15 Jun 2014
Series A $3.00M 3
Qualcomm UT Horizon Fund
Qualcomm, UT Horizon Fund +1
16 Apr 2014
Convertible Note Undisclosed 1
UT Horizon Fund
UT Horizon Fund
01 Jan 2013
Non Equity Assistance Undisclosed 1
Texas Venture Labs
18 Aug 2010

M87 Alternatives & Competitors

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M87 vs
Boingo Wireless
Boingo Wireless United States

Back in 2001 we dreamed of a world where people could connect to the wireless internet anywhere, wit...

Post-IPO Debt
459 employees
IT, Telecom
Compare M87 vs Boingo Wireless
M87 vs
Ligado Networks
Ligado Networks United States

Committed to the future of connectivity.

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M87 vs
Pivotal Commware®
Pivotal Commware® United States

A World of Limitless Connectivity

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FAQ About M87

M87 Powers the Proximate Internet. M87 is the global leader in providing software solutions that enable billions of mobile devices to self-discover and form dynamic, self-communicating device-to-device networks. Our software improves the performance of today's mobile networks and enables connectivi...
M87 was founded in 2013.
M87 is headquartered in Bellevue, United States.
M87 operates in IT, Mobile and Telecom. Its work centres on wireless technology, mobile networks, IoT connectivity and device-to-device networks.
M87 has approximately 12 employees.
M87 has completed 6 funding rounds, raising a total of $11.00M. The latest funding stage is Series B.
Top alternatives and competitors to M87 include Boingo Wireless, Ligado Networks, Pivotal Commware®, HypeLabs, GenXComm. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
M87 and Boingo Wireless are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for M87, https://bouncewatch.com/company/m87, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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