Hologram Raises $65M in Series B Round
Hyde Park Angels is excited to announce our participation in Hologram’s $65M Series B round, which was led by Tiger Global. Bullpen Capital, NextView Ventures, and Mucker Capital also participated in the round.
Hologram is a cellular connectivity platform for IoT devices that allows companies to manage fleets of devices globally. The company is currently trusted by thousands of businesses across six continents in a variety of verticals, including healthcare, micromobility and manufacturing.
With this new round of funding, Hologram plans to further develop its proprietary connectivity management technology and grow across key use-cases. The company also plans to grow its team by tripling the current headcount from 70 employees to more than 225 employees.
HPA Deal Lead John Thode is an expert in hardware and telecommunications having served as a GM at Motorola Connected Solutions where he led successful businesses in 3G mobile, broadband fixed wireless, and cellular infrastructure. John also has extensive software expertise from his time as an executive at Dell and McAfee, now Intel Security.
Congrats to the Hologram team for this new round of funding! We look forward to the continued growth ahead.
Read more about the round in the press release or in Business Insider, Crain’s Chicago Business and Chicago Inno.