CyanConnode - New funding round announced
CYAN
Fri, 17 Mar 2017, 12:00pm GMT
CyanConnode Holdings plc is listed on the AIM market in London and is based in Cambridge UK. The company has three wholly owned subsidiaries, CyanConnode Ltd (a company registered in England and Wales), CyanConnode Private Limited (a company registered in India), and Connode Holding AB (a company registered in Sweden). In addition, Connode Holding AB has one wholly owned subsidiary, Connode AB (a company registered in Sweden), which also has a wholly owned subsidiary, Connode India Private Limited (a company registered in India). The companies provide wireless communication technology for smart metering, lighting and the Internet of Things.
Industry: Telecommunications
Contact:
http://www.cyanconnode.com/
CyanConnode, the world leader in narrowband radio mesh networks, announces that the Company has conditionally raised gross proceeds of £3.2 million. The net proceeds of the Placing and Subscription will be used to support the Company on its journey to large scale commercialisation.
