Telecompaper

Hubble Network raises $200M Series C at $1.6B valuation as Bluetooth D2D satellite service goes commercial

Hubble Network raised $200 million in a Series C round led by Smith Point Capital, valuing the company at $1.6 billion and bringing its total venture funding to $300 million. The announcement coincides with the commercial launch of its direct-to-device Bluetooth satellite service and lists backers including Seraphim, Carthona Capital, Earthshot Ventures, Y Combinator, and RPM Ventures.