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Helium creates a decentralized wireless network specifically for Internet of Things (IoT) devices, such as smart collars and sensors. Their network operates on a peer-to-peer model, allowing devices to communicate without relying on traditional cellular plans. Users can purchase and set up IoT hotspots that contribute to the network's coverage, earning rewards in Helium's cryptocurrency, HNT, for their participation. This approach offers a more cost-effective and efficient solution for IoT connectivity compared to conventional methods. Helium's goal is to expand its network by incentivizing users to deploy hotspots, ultimately enhancing the reach and reliability of IoT communications.
Company Stage
Series D
Employees
11-50
Industries
Hardware, Industrial & Manufacturing, Cybersecurity, Crypto & Web3
Total Funding
$364.8M
Headquarters
N/A
Founded
2013
100% company-paid health insurance premiums (medical, dental, and vision) for you and your dependents
Paid vacation and company holidays
Vacation stipend
Monthly gym stipend
Annual hardware stipend
Health FSA
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