Expeto

company

About

Expeto’s NeXtworkingTM solution is the world’s leading Enterprise Private Mobile Networking (PMN) platform.

Details

Last Funding Type
Series B
Last Funding Money Raised
$12M
Industries
Information Services,Information Technology
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

Expeto is the world’s first and market leading “carrier-grade” Private Mobile Networking (PMN) platform that allows enterprises to confidently extend public and private mobile networks as one secure corporate WAN without losing control of their data or devices. Unlike hardware-heavy legacy solutions, Expeto is a containerized, software solution purpose-built to install behind the firewall, from the cloud, at the edge, or on prem. Affordably offered “as-a-service” and easily managed by IT, Expeto is as easy to deploy and manage as a Wi-Fi network.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$25.90M
Expeto has raised a total of $25.90M in funding over 2 rounds. Their latest funding was raised on Dec 5, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 5, 2022 Series B $12M 6 Sorenson Capital Detail
Apr 12, 2021 Series A $10M 4 Detail
Apr 12, 2021 Convertable Note 1 BDC Venture Capital Detail
Mar 6, 2020 Series A 1 Detail
Sep 14, 2018 Series A $3.90M 3 Lavrock Ventures Detail

Investors

Number of Lead Investors
Number of Investors
4
8
Expeto is funded by 8 investors. Sorenson Capital and Momenta are the most recent investors.
Investor Name Lead Investor Funding Round
Sorenson Capital Yes Series B
Momenta Yes Seed
5G Open Innovation Lab Series B
Evok Innovations Series B
Lavrock Ventures Series B
Mistral Venture Partners Series B
Samsung NEXT Series B
BDC Venture Capital Series A

Employee Profiles

Number of Employee Profiles
4
Expeto has 4 current employee profiles, including Executive Terje Strand
Executive
Executive
Executive
Executive