Helium is an Internet-of-Things developer platform for building the network and transferring IoT device data.
Helium is an Internet-of-Things developer platform for building the network and transferring IoT device data. The platform building the peer-to-peer wireless network to simplify connecting anything to the internet by rewarding anyone to become a network operator. It provides wireless coverage for low power Internet of Things (IoT) devices and earns a new cryptocurrency, Helium, from your living room.
Helium tokens by verifying network transactions, adding new blocks to the blockchain, and performing other tasks. The Proof-of-Coverage is a unique work algorithm that uses radio waves to validate Hotspots are providing legitimate wireless coverage.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 19, 2022 | Series D | $200M | 18 |
Andreessen Horowitz
Tiger Global Management |
— | Detail |
Aug 10, 2021 | Initial Coin Offering | $111M | 5 | Andreessen Horowitz | — | Detail |
Dec 1, 2020 | Initial Coin Offering | — | 1 | — | — | Detail |
Jun 12, 2019 | Series C | $15M | 12 |
Multicoin Capital
Khosla Ventures Union Square Ventures |
— | Detail |
Apr 25, 2016 | Series B | $20M | 4 | GV | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Andreessen Horowitz | Yes | Series D |
Tiger Global Management | Yes | Series D |
Union Square Ventures | Yes | Series C |
FTX Ventures | — | Series D |
Borderless Capital | — | Series D |
Multicoin Capital | — | Series D |
Alumni Ventures | — | Series D |
Corner Capital Management | — | Series D |
Deutsche Telekom Strategic Investments | — | Series D |
FirstMark | — | Series D |