Helium Systems, an Internet of things-inspired platform that aims to connect low-power devices without Wi-Fi or Bluetooth, today announced a $15.98 million funding round in a public company filing.
The filing’s date of first sale aligns with a previously announced $13.4 million raise from FirstMark Capital and Khosla Ventures, according to Angel List and CrunchBase. The timing, of course, suggests that the $13.4 million round is actually just part of the larger $15.98 million round revealed today.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1566645,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"D"}']Helium was cofounded by Shawn Fanning, of Napster fame, and Amir Haleem, Helium’s chief executive, according to Angel List.
Fanning’s abnormally quiet participation in the company as a cofounder and chairman is perplexing. Perhaps Fanning is staying under-the-radar after the high-profile launch — and fizzle — of Airtime, Fanning and Sean Parker’s video chat startup? We’ve reached out to Helium for more.
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