Senet Raises $16M to fund International Expansion
22 September 2020 – Senet, Inc., a leading provider of cloud-based software and services platforms that enable the Internet of Things (IoT), today announced it has secured a $16 million funding round led by Fisk Ventures. This new round of funding is a strong endorsement of Senet’s focus on building out the United States’ largest public carrier-grade LoRaWAN network, and supporting global IoT solution deployment by providing coverage and connectivity readiness in 80+ countries.
This funding will be used to:
- Accelerate the deployment and densification of Senet’s LoRaWAN network across the United States to support utility and municipal network builds
- Expand global business development and co-marketing activities with network operators, tower companies and radio access network (RAN) providers
- Invest in awareness programs and business development resources designed to scale the commercial Internet of Things by transitioning users to mission-critical applications.
Senet was launched in 2014 to create a low-cost data network to rapidly deploy, securely connect and manage millions, and ultimately billions, of low-power, low-cost sensors. Senet’s LoRaWAN network supports a variety of municipal, industrial, and enterprise initiatives focused on automation, service delivery and sustainability.
Included in its growth strategy, Senet is now offering programs for customers looking to transition from developer networks, crowd-sourced hotspot networks, and gateway-based Network Servers.
“Over the past six years we've seen a wide range of businesses embrace IoT and have learned that creating a bridge between the physical and digital worlds is far more complex than most people realize,” said Bruce Chatterley, CEO at Senet. “Building on our experience and with the support of our investors, we will continue to strive toward delivering ubiquitous low-cost network connectivity, zero-touch device configuration, and device monitoring and management at massive scale in support of our customers’ needs. With a multi-year head start over competing LPWAN technologies and a strong partner ecosystem, we are in a great position to execute the next steps of our long-term strategic vision of helping organizations transform business outcomes, markets, and economies.”
Senet Appoints Bruce Chatterley as CEO & President
12 June 2017 – Senet, a provider of public low-power wide-area networks (LPWANs) for long range Internet of Things (IoT) applications supporting the LoRaWANä protocol, today announced it has named Bruce Chatterley as CEO & President.
Chatterly brings more than 25 years of experience in business leadership, transformation, strategy and technology as well as a strong track record of rapidly building and scaling worldwide operations and organizational infrastructure in a variety of hyper-growth sectors, including telecommunications, cloud computing, managed hosting and mobility.
“I’m thrilled to be joining the Senet team at such an exciting time,” said Chatterley (above). “Senet has that rare combination of dedication to technology innovation, amazingly talented people and momentum in the market. As we continue to add capabilities for our customers and expand our presence, our mission remains unchanged – to help ensure that IoT realizes its full potential of delivering global economic, environmental and social improvements. The company is truly positioned to become a disruptor in IoT connectivity.”
Chatterley will succeed Senet CEO & President, George Dannecker (left). Dannecker made the personal decision to retire after four years with the company, spearheading the business vision and execution that led to Senet’s focus on first-to-market public Network-as-a-Service (NaaS) solutions for IoT applications.
“It has been extremely fulfilling to have helped Senet achieve a leadership position and deliver LPWAN services that have become a key component of today’s IoT technology wave,” said Dannecker. “We are thrilled to have Bruce as our new CEO. The coming years are going to be extraordinary for the company, and I have no doubt that Senet will contribute significantly to the adoption of mission critical IoT products and solutions.”
In addition to bringing significant marketing, sales and operational experience to Senet, Chatterley will focus on developing strategic partnerships and executing go-to-market strategies in the segments LoRaWAN connectivity is ideally suited for. These efforts will not only help drive Senet to its next stage of growth, but are instrumental to the broader adoption of LoRaWAN technology and the strengthening of the overall IoT ecosystem.
Source: Senet and PR Newswire
Senet Announces Suite of IoT Product Development Services for LoRa
22 June 2016 – Senet, the first North American provider of public Internet of Things (IoT) applications based on the Low Power Wide Area standard LoRaWAN today announced the availability of The Senet IoT Foundry, a suite of services for developers of IoT solutions and services.
The offerings are designed to help developers in startups as well as established companies accelerate the commercialisation of LoRa-based products and solutions. The advent of Low Power Wide Area Network (LPWAN) connectivity enables a whole new set of innovative business cases for solving customer problems. As an early leader in LPWAN technology, Senet aims to stimulate and accelerate the growth of the LoRa ecosystem by way of these new service offerings.
The Foundry services are available now and are offered at Senet’s Portsmouth, NH headquarters. Due to its depth of expertise, Senet is in a unique position to be able to offer training, development tools, a network sandbox, and technical consulting services that help IoT solution developers create and launch LoRa compliant IoT products and applications in record time. The services can be tailored to address hardware and/or firmware development projects. Customers can choose to follow The Foundry’s four-step development program, or choose the services they need most. The Foundry’s four-step program includes:
- Introductory LPWAN and LoRaWAN Training Lab – two days
- Product Ideation and Design Kickoff – one week
- Full Product Development Consulting – two months
- Certification Readiness (LoRaWAN and FCC) – one week (each)
“As Senet has been aggressively addressing network coverage and growth, we recognized early on that we have a responsibility and an opportunity to help our partners in the LoRa ecosystem bring their solutions to market quickly,” said George Dannecker, President and CEO of Senet (above). “Startup companies and even large enterprises may not have availability of the full range of skills required to be able to deliver vertically complete IoT solutions to their customers. Senet can help these companies significantly reduce the time and effort to get to market, enabling solution vendors to solve their customers’ problems faster.”
Senet is a contributing member of the LoRa Alliance and has been active on all of the Alliance's committees since its inception. Senet was the first in North America to gain FCC certification on LoRa-based sensors and gateways. The company has compiled a range of high-level designs, best practices, and development tools that can benefit other ecosystem partners. For additional information please visit www.senetco.com.