About Senet
Senet is a Technology company based in Portsmouth (United States) founded in 2009, and was acquired by WESROC Monitoring Solutions in December 2017. LoRa-based connectivity solutions are provided for IoT applications. Senet has raised $61.86 million across 8 funding rounds from investors including Harbor Light Capital Partners, Activate Venture Partners and City Light Capital. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Connectivity and LPWA.
Company details
Senet was founded in 2009 in Portsmouth, United States, within the IoT sector. Connectivity platforms and business models are supplied to enable deployment of carrier-grade LoRaWAN networks. IoT networks are delivered, with adherence to LoRaWAN standards maintained. Operations focus on low-power wide-area networking for various applications, supporting scalable infrastructure across the region.
- Headquarters Portsmouth, United States
- Stage Acquired
- SectorsTechnology
- Website senetco.com
- Social LinkedIn X Facebook YouTube
- Acquired by WESROC Monitoring Solutions (Dec 2017)
- Total Equity Funding$61.86M (USD)
in 8 rounds
- Latest Funding Round$16M (USD), Series B
Sep 2020
- InvestorsHarbor Light Capital Partners
& 3 more
- Acquired byWESROC Monitoring Solutions
(Dec 2017)
Apps and channels of Senet
its YouTube channel Netmore Group has 40 subscribers and 8 videos.
Videos from Senet
The most watched videos on Senet's YouTube channel, Netmore Group (40 subscribers). Click a video to play it here.
More on Netmore Group.
Funding Insights of Senet
Senet has successfully raised a total of $61.86M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $61.86M
- Total Rounds 8
- Last Round Series B — $16M
- First Round $4M
(Aug 2011)
- Investors Count 3
All 8 funding rounds of Senet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $16M | Series B | – | – | – |
| Mar 2017 | $11.76M | Series A | – | – | – |
| Oct 2015 | $18M | Series A | – | – | |
| Dec 2014 | $2.18M | Series A | – | – | – |
| Aug 2014 | $976,311 | Series A | – | – | – |
| Aug 2013 | $5.28M | Series A | – | – | – |
| Aug 2013 | $3.66M | Series A | – | Harbor Light Capital Partners, Activate Venture Partners | – |
| Aug 2011 | $4M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Senet
Senet has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Harbor Light Capital Partners, Activate Venture Partners and City Light Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life Science focused early stage VC firm investing in the US | hlcp.com | Keene, United States | ||
Early-stage venture capital is provided by Activate Venture Partners. | activatevp.com | New York, United States | ||
Venture capital firm investing in environmental, education & safety care sectors | citylight.vc | New York, United States | ||
Anova is engaged in providing industrial IoT solutions for operational efficiency. | wesrocsolutions.com | New Providence, United States |
Investor details for Senet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Senet
22 people are tracked at Senet (6 in leadership, 4 in board & advisors, 12 in team).
| Name | Role | Group |
|---|---|---|
Mark Baltier | CFO | Leadership |
Christina Dube | Head Of Customer Migrations | Leadership |
Steven Ball | VP Operations | Leadership |
Dustin Doyle | Director Of Sales And Business Development | Leadership |
John Green | Partner Manager | Leadership |
James Kilmartin | Sales Director | Leadership |
Richard Dumler | Director | Board & advisors |
Todd Warden | Director | Board & advisors |
Tom Groos | Director | Board & advisors |
Stephen Rose | Director | Board & advisors |
Mark Ewen | EVP Global Sales & Business Development (lorawan) | Team |
Mike Nikitas | Senior Support Engineer | Team |
Eric Malcolm | Manager Site Operations Construction | Team |
Jason Petruno | Software Quality Architect | Team |
John Delangie | Sr. Customer Program Manager | Team |
Jake Woodward | Network Engineer | Team |
Kevin Howe | Firmware Engineer | Team |
Larry Walker | Senior Software Engineer | Team |
Randy Houde | Software Architect | Team |
Steve Hardcastle | Senior Network Operations Engineer | Team |
2 more people are available in the full profile.
Complete people profiles for Senet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Senet
4 dated milestones of Senet across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Senet is founded.
- Funding First funding round of $4.0M.
- Exit Acquired by WESROC Monitoring Solutions.
- Funding Latest funding round, Series B, of $16.0M.
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Senet (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
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Related news about Senet
Complete news archive for Senet
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- Older coverage
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Frequently Asked Questions about Senet
Senet was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Senet is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.
Senet is a funded company, having raised a total of $61.86M across 8 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Aug 2011.
Senet was founded in 2009 in Portsmouth, United States, within the IoT sector. Connectivity platforms and business models are supplied to enable deployment of carrier-grade LoRaWAN networks. IoT networks are delivered, with adherence to LoRaWAN standards maintained. Operations focus on low-power wide-area networking for various applications, supporting scalable infrastructure across the region.
Senet has 4 investors. Key investors include Harbor Light Capital Partners, Activate Venture Partners, City Light Capital, and Anova.
Yes. Senet was acquired by WESROC Monitoring Solutions in December 2017.