$9.0 million investment in Eseye by Accion’s Frontier Investments Group

Eseye receives investment from Accion received investment from Accion invests in Eseye Type: Venture

Eseye is a leading provider of global cellular internet connectivity for IoT devices, delivering Machine-to-Machine (M2M) solutions to businesses serving key areas of connected home, connected enterprises and connected cities. Headquartered in the UK, Eseye cover a large global footprint counting managed connectivity customers in 96 countries and continue to deliver the most robust and reliable worldwide network for the Internet of Things.

Accion, a pioneer and leader in bringing financial services to the underserved, has become the first institutional investor in Eseye Ltd through its Frontier Investments Group, with a participating investment in its $9.0 million Series B financing round. Frontier, part of Accion, is a venture equity initiative that invests in companies with disruptive models that enhance the efficiency, reach and scope of financial products and services for those underserved in emerging markets. 

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