IoT Company Skylo Set to Open Israeli Development Center
The San Mateo, California company emerged from stealth, announcing a $103 million investment
Hagar Ravet | 17:25, 22.01.20
San Mateo, California-based Internet of Things (IoT) company Skylo Technologies Inc. has announced a plan to open a research and development center in Israel. Skylo has emerged from stealth on Tuesday with the announcement of a $103 million series B funding round.
In addition to its California office, Skylo operates an office in Bangalore, India, and a business center in Tel Aviv. As part of the new technological development center in Israel, which it intends to open later this year, Skylo is set to recruit 15 people. The company also plans to expand its business center in Tel Aviv.
