Helium launches $51M-funded ‘LongFi’ IoT alternative to cellular With 200X the range of Wi-Fi at 1/1000th of the cost of a cellular modem Helium's! Its transmitters can help track stolen scooters, find missing dogs via IoT collars and collect data from infrastructure sensors. The catch is that Helium’s tiny, extremely low-power, low-data transmission chips rely on connecting to P2P Helium Hotspots people can now buy for $ 495 Operating those hotspots earns owners a cryptocurrency token Helium promises will be valuable in the future… Ventures and Marc Benioff, including a new $15 million Series C round co-led by Union Square Ventures and Multicoin Capital. That’s in part because one of Helium’s co-founders is Napster inventor Shawn Fanning. Investors are betting that he can change the tech world again, this time with a wireless protocol that like Wi-Fi and Bluetooth before it could unlock unique business opportunities. Helium already has some big par...
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