Golioth, Inc.

Golioth, Inc. is a US-based company focused on providing a comprehensive Internet of Things (IoT) platform, enabling efficient development, management, and deployment of connected hardware with AI capabilities. Founded in 2020 and headquartered in San Francisco, US, Golioth, Inc. specializes in IoT solutions.

The company has raised a total of USD 4. 62 mn in funding through two deals, with the latest Seed round concluded on December 21, 2022, co-led by BlackHorn Ventures and Differential Ventures. Jonathan Beri serves as both the Founder and CEO and has a background in technology entrepreneurship. Golioth offers an extensive IoT platform designed for the development, management, and deployment of connected hardware, particularly those requiring AI capabilities.

Their core product is a flexible firmware SDK that allows developers to connect microcontrollers and manage an unlimited number of IoT devices at no cost. The platform supports multiple connectivity options, including Wi-Fi, Cellular, Ethernet, Thread, and Bluetooth, catering to hardware developers, engineers, and businesses aiming to integrate IoT solutions. Golioth's services target various markets, including smart cities, industrial automation, and consumer electronics, with clients distributed across North America, Europe, and parts of Asia. Golioth's revenue model operates on a usage-based pricing structure, allowing clients to pay only for data storage and streaming.

This B2B approach primarily targets businesses in need of IoT connectivity and management solutions. Clients can access the Golioth platform for various use cases, benefiting from AI orchestration and real-time data transformation. Revenue is generated through subscriptions for the Golioth SDK and API and additional services for device management and analytics, with pricing plans tailored to data volume and the number of devices managed. In December 2022, Golioth, Inc.

raised USD 4. 62 mn in Seed funding, aimed at enhancing product development and meeting client demand. The company plans to introduce new products designed to further streamline IoT integration and is exploring expansion into new geographic markets in North America and Europe by late 2023. The recent funding will support these initiatives, reinforcing Golioth's commitment to scaling its operations and expanding its customer base.