Sierra Wireless
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Investment Firm
Overview
Sierra Wireless, Inc. provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine (M2M) markets.
The company develops and markets wireless modems for mobile computers; embedded modules for original equipment manufacturers (OEMs); and fixed and mobile wireless data solutions for industrial, commercial, and public safety applications.
Sierra Wireless was established in Richmond Hill, Ontario by John Daly.
Highlights
Founded
1993
Industry
Internet
Employees
1001-5000
Investment
2
Lead Investment
1
Exits
2
Stages
Early Stage Venture, Seed
Investor Type
N/A
Location
North America
Contact Information
Social
Profile Resume
Sierra Wireless, established in 1993 and headquartered in North America., specializes in Early Stage Venture, Seed investments across Software, Mobile, Telecommunications, Wireless, AgTech, Transportation, Analytics, Automotive, Autonomous Vehicles, Natural Language Processing. The organization boasts a portfolio of 2 investments, with an average round size of $4.3M and 2 successful exits. Their recent investments include Cubic Telecom, Qualcomm, Enterprise Ireland, Colligo, GrowthWorks Capital. The highest investment round they participated in was $1.1B. Among their most notable exits are Cubic Telecom and Qualcomm. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Sierra Wireless has made 2 investments. Their most recent investment was on Jul 29, 2014, when Cubic Telecom raised $5.0M.
investments
2
Diversity investments
0
Lead investments
1
Number of exits
2
Investments
2
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Feb 07, 2002 | Colligo | Enterprise Software | 3.5M |
| Jul 29, 2014 | Cubic Telecom | Software | 5.0M |
ColligoExits
2
Funding Timeline
Funding rounds
2
Investors
5
Funds
0
Funding Rounds
2
Sierra Wireless has raised 2 rounds. Their latest funding was raised on Jul 29, 2014 from a Series B - Cubic Telecom round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Feb 07, 2002 | Seed Round - Colligo | - | 3.5M | - |
| Jul 29, 2014 | Series B - Cubic Telecom | - | 5.0M | - |
Investors
5
Sierra Wireless is funded by 5 investor(s). Business Development Bank of Canada and CIBC Innovation Banking Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Tera Capital Corporation | No | Post-IPO Equity - Sierra Wireless | 9.7M |
Lion Point Capital | Yes | Post-IPO Equity - Sierra Wireless | 0 |
CIBC Innovation Banking | No | Post-IPO Debt - Sierra Wireless | 48.0M |
Business Development Bank of Canada | No | Post-IPO Debt - Sierra Wireless | 48.0M |
Tera Capital Corporation
Business Development Bank of CanadaFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
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Recent Activity
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