What does Blues do?
Blues provides secure wireless connectivity solutions that enable organizations to transform physical products into data-fueled intelligent services. The company serves sectors such as transportation, healthcare, and energy across North America, Central America, and Europe.
How much did they raise?
Blues raised $8M in follow-on funding led by existing investor XYZ Venture Capital, following a previous $25M raise led by Sequoia Capital in May 2025.
What are their plans for the money?
The company plans to use the funds to accelerate further product innovation, potentially enhancing its ability to provide secure connectivity and unlock new revenue streams for its customers.
What have they achieved so far?
To date, Blues has raised $99M and established itself as a leader in secure IoT connectivity, helping organizations reduce costs and create new customer experiences.
