Cubic raises EUR 18 mln from Audi, Qualcomm

Wednesday 6 May 2015 | 16:52 CET | News
Irish M2M connectivity platform provider Cubic Telecom has secured a EUR 18 million co-investment from Audi Electronics and Qualcomm. Audi and Qualcomm join existing investors Sierra Wireless, ACT Venture Capital, TPS Investment and Enterprise Ireland. This is Qualcomm's fourth investment in Cubic. Enterprise Ireland, a government development agency, was a very early supporter of the company and its involvement has enabled Cubic to expand into international markets. Cubic is focused on enabling seamless global connectivity solutions for enterprise customers across automotive, computer OEM and

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Categories: Mobile & Wireless
Companies: Cubic Telecom / Enterprise Ireland / HP / Lenovo / Qualcomm / Sierra Wireless
Countries: Ireland / World
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