Novatel Wireless

Novatel Wireless

Provider of wireless broadband access solutions for the worldwide mobile communications market. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20152016
R&D budget34.0m30.0m

Source: Dealroom estimates

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DateInvestorsAmountRound

$30.4m

Late VC

$33.9m

Series D
N/A

N/A

IPO
N/A

$14.4m

Post IPO Equity
N/A

$144m

Post IPO Equity

N/A

Acquisition
Total Funding€58.5m

Recent News about Novatel Wireless

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More about Novatel Wirelessinfo icon
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Novatel Wireless, operating under the brand Inseego, specializes in providing enterprise-grade Internet of Things (IoT) solutions that enhance visibility, connectivity, and operational efficiency for businesses. The company serves a diverse range of clients, including government agencies, telecom operators, and enterprises with complex network environments. Novatel Wireless operates in the global IoT market, offering solutions that connect fleets, people, devices, and assets. Their business model revolves around selling IoT hardware and software solutions, including mobile and home broadband devices, and generating recurring revenue through SaaS (Software as a Service) subscriptions. The company makes money by offering comprehensive IoT solutions that simplify business operations, reduce downtime, and improve asset management. Novatel Wireless is also a pioneer in mobile broadband technology, having played a significant role in the development and commercialization of 2G, 3G, 4G, and now 5G solutions.

Keywords: IoT, fleet management, asset tracking, secure connectivity, SaaS, telecom management, mobile broadband, 5G solutions, smart city, enterprise solutions.

Investments by Novatel Wireless

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Enfora
ACQUISITION by Novatel Wireless Nov 2010
Feeney Wireless
ACQUISITION by Novatel Wireless Mar 2015