Global connected software & analytics
Job no longer available
Global connected software & analytics
201-500 employees
Job no longer available
201-500 employees
To solve connectivity challenges for OEMs so they can capitalise on the enormous commercial opportunities the SDCV era will deliver the industry.
Desirable
Cubic Telecom develops IoT-based global connected software that allows vehicles to automatically connect to local mobile networks. Since the company’s acquisition in 2008, Cubic has built up a strong customer base including Audi, Bentley, Lamborghini, Microsoft, Porsche, and Volkswagen.
Cubic’s IoT solutions have proven such a hit in the automotive, agricultural, and transportation industries because they allow vehicle and device manufacturers to avoid making agreements with multiple mobile service operators, solving tech complexities with integration, and worrying about compliance from country to country.
The connected car market, forecast to surpass $50B, highlights Cubic's strong position. SoftBank's recent €473M acquisition of a controlling stake values Cubic at over €900M. This strategic move positions Cubic to expand further, including plans to bolster staff numbers in Ireland, mainland Europe, and the US.
Kirsty
Company Specialist
Jan 2020
$12.4m
LATE VC
Aug 2017
$47m
SERIES C
Blackthorn, Dublin, Ireland
Founders
Barry Napier
(CEO, not founder)Acquired Cubic Telecom in late 2008. Prior to this, they were the CEO of a tech company where they led the acquisition and integration of the Irish Arm (Brightpoint Ireland).
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