Springworks secures investment from TeliaSonera
TeliaSonera press release: TeliaSonera invests in renowned Swedish IoT-firm Springwork
Wall Street Journal: TeliaSonera takes a 30% stake in Springworks
TeliaSonera invests in renowned Swedish IoT-firm Springworks – TeliaSonera
Springworks are very happy to announce that TeliaSonera invests in the company, making a very exciting partnership in our ambition to build the world’s best products within Internet of Things.
“At Springworks our main goal is to develop intelligent IoT-solutions that offer a great user experience. With TeliaSonera in our corner we can do that by leveraging their global m2m resources including their skill set, m2m platform and networks. The funds generated by the investment will enable us to continue developing and enhancing our services. Another important benefit is that we now have access to TeliaSonera’s network of partners and customers around the world, which can help us further grow our business and global footprint”, says Erik Ramberg, CEO at Springworks.