Smartdust got funded, congratulations!

In: Companies|Venture Capitalists

14 Aug 2009

Estonian technology company Smartdust Solutions closed an investment round with WNB Project and Spring Capital.

The capital gives a boost to the development of the company and makes it possible to grow from a customer specific solution provider to “a product” company. Smartdust has also recently opened up office in Finland and is aiming for the world market.

Smartdust Solutions is the leading provider and developer of Wireless Sensor Networks (Smartdust). According to Jaanus Tamm, the founder and member of the Board of Smartdust Solutions, the possible applications of Smartdust are limitless. The company has developed a unique technology that lowers the energy consumption of the sensors and the network making it possible to monitor large areas, traffic on roads, logistics.

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