Helium is building the world’s first peer-to-peer wireless network to simplify connecting anything to the internet by rewarding anyone to become a network operator.
Helium is shaping the future by rewarding anyone for creating a global decentralized wireless network for billions of machines. Helium was founded in 2013 by Shawn Fanning of Napster, Amir Haleem, and Sean Carey. The company is backed by Khosla Ventures, GV (formerly Google Ventures), FirstMark Capital, Marc Benioff, HSB/MunichRe Ventures Slow Ventures, and others.
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Helium Details
Operating Status:Active
Business TypePrivate
HeadquartersSan Francisco, California, United States
The decentralized 5G network Helium caters to more than 118,000 Hotspots in more than 11,800 cities worldwide. Its native token HNT serves as the incentive for expanding the wireless coverage.
Helium, an IoT startup and crypto mining modem distributor, is expanding to more than 250 cities in the U.S. They started out from Austin, Texas, but now are shipping their units much more broadly.
A blockchain project Helium has completed a fundraising round where it managed to get $15 million in funding from leading venture funds. According to Multicoin Capital, Helium is the most ambitious crypto venture since Ethereum.
