Inseego Corp. an industry pioneer in 5G and intelligent IoT device-to-cloud solutions for enterprises, announced that demand for the enterprise-grade MiFi 7000 global mobile hotspot continues to gain momentum throughout North America with Rogers Communications in Canada, U.S. Cellular, and T-Mobile via an Authorized T-Mobile Master Dealer.
MiFi Premium Global Hotspot Gains Market Share
“Mobile network operators want trusted solutions that are designed and developed in North America for their government, enterprise and small-medium sized business customers,” said Inseego’s EVP, IoT & Mobile Solutions, Ashish Sharma. “Inseego has a powerful portfolio of LTE and 5G products and we are expanding our global market share with consistent delivery of the industry’s fastest connection speeds, advanced security features and enterprise-grade reliability.”
“Fortune 500 enterprises, government entities, small- to medium-sized businesses and consumers all benefit from the MiFi 7000’s superior speed, cellular and Wi-Fi connection quality combined with the industry’s most advanced anti-hacking security and encryption capabilities,” said Inseego’s EVP, IoT & Mobile Solutions, Ashish Sharma. “Working conveniences like QuickCharge and 24 hour battery life also help reinforce and equip an increasingly mobile and connected workforce. From a business perspective, working with U.S. Cellular is another step in our drive to deliver on our strategy to expand our portfolio, customer base and market share around the globe.”
Inseego Corp. an industry solutions for intelligent mobile enterprises – announced on August 28, 2018 that Simon Rayne has joined the Company as Senior Vice President and Managing Director for the UK, EMEA (,Europe Middle-East Africa) and APAC (Asia Pacific, including Australia and New Zealand). He will report directly to Dan Mondor, Chairman and CEO.
Inseego Strategic Hire For International Growth
“The worldwide 5G and IoT Cloud markets are a once in a lifetime opportunity with unprecedented growth potential, notably with over 70 service providers at various stages of 5G planning”
“The worldwide 5G and IoT Cloud markets are a once in a lifetime opportunity with unprecedented growth potential, notably with over 70 service providers at various stages of 5G planning,” said Dan Mondor, Chairman and CEO of Inseego. “I’m delighted to have Simon join the Inseego team and to be working with him again. In his sales leadership roles with Microsoft, Nokia, Sony Ericsson and Spectralink, Simon created sales strategies and led large sales organizations that drove revenue growth in the service provider and enterprise markets throughout the UK, EMEA and APAC regions. His extensive experience and knowledge of the markets will be invaluable to the execution of our new device-to-cloud strategy, anchored by our portfolio of 5G products.”
Mr. Rayne served as General Manager for Microsoft Devices and Services for consumer and enterprise in the UK with responsibility for the Microsoft Cloud, Office and Skype divisions. He led the integration of Nokia’s sales, marketing and services operations in the UK and Ireland into the Microsoft organization. Mr. Rayne was the architect of Microsoft’s market leading solution-sale initiative, “One Microsoft,” comprised of devices and cloud services. Prior to joining Microsoft, he led Sony Ericsson Mobile sales in Europe for consumer and retail markets, creating a step-change in sales execution.
Mr. Rayne joins Inseego from Spectralink, where he served as Managing Director for the UK, EMEA and APAC regions. Under his leadership, he architected Spectralink’s global channel sales strategy, which included strategic alliances and OEM relationships with Cisco and Microsoft and established new reseller and distribution agreements with Dimension Data, BT Global, Orange Business Services, Deutsche Telekom, Vodafone and Telefonica.
Previously he held sales leadership roles with a number of global companies, including GlaxoSmithKline, Coca-Cola, and Bass Brewing Company.
Mr. Rayne holds a B.A. (Honors) from Lancaster University and executive education accreditations from the University of Middlesex and Franklin Covey.
“Joining Inseego at this important stage of the company’s growth strategy is very exciting,” said Simon Rayne, SVP and Managing Director of UK, EMEA and APAC. “There is an incredible opportunity to lead the 5G market with our innovative IoT & Mobile Solutions and grow our IoT Cloud solutions business with Ctrack. Inseego has great sales and marketing people and a solid reputation in the regions, and I look forward to joining Dan’s team to help extend our position at the forefront of the 5G and IoT Cloud Telematics markets.”
For more information on how Inseego’s lineup of secure sensor-to-cloud solutions transform enterprises, visit through this link. To schedule an interview with Inseego, contact Inseego@GoDRIVEN360.com.
Inseego Corp. (Nasdaq: INSG), an industry leader in solutions for intelligent mobile enterprises, announced today that it completed a $19.7 million private placement on August 6, 2018. Investors are an affiliate of Tavistock Group, an international private investment firm, and existing shareholder, North Sound Partners.
Inseego Announces Strategic Growth Investment and New Chairman of the Board of Directors
Board Chair Transition
Concurrent with this transaction, CEO Dan Mondor has been elected Chairman of the Board of Directors, replacing Phil Falcone who has stepped down. In addition, Jim Avery of Tavistock Group and Brian Miller of North Sound Partners have joined Inseego’s Board of Directors.
“I’m very pleased that Dan has been elected Chairman,” said Phil Falcone. “He has significant experience as a leader in the tech industry and transforming businesses. Under Dan’s leadership, Inseego has made tremendous progress positioning the Company solidly for the sizable opportunities in 5G and IoT Cloud. He has built a strong foundation for profitable growth, and I remain a long-term supporter and investor in the Company.”
“This is an exciting time for Inseego. Tavistock and North Sound are both highly regarded investment firms and this partnership enables us to accelerate our growth strategy, and adds global relationships and financial flexibility,” said Dan Mondor, Chairman and CEO of Inseego. “My thanks to Phil for his leadership during the early stages of Inseego’s turnaround. I welcome Jim and Brian to the Board. Both bring unique financial and technology industry experience and will provide valuable insights as we continue to seize new opportunities.”
Jim Avery joined Tavistock Group in 2014 and is currently a Senior Managing Director. Jim brings many years of experience as a senior telecom and technology banker at both Morgan Stanley and boutique firm, GCA Savvian.
“We are pleased to partner with Inseego and help capitalize on the global demand for their cutting-edge solutions and advance the Company’s pace of product innovation,” said Jim Avery.
Brian Miller is Chief Investment Officer of North Sound Partners and General Partner of North Sound Ventures, which invests directly in early stage growth opportunities and helps companies create shareholder value. Prior to founding the North Sound group of companies, Brian spent over 20 years at Elliott Management, a New York-based hedge fund where he was an equity partner, Chief Trading Officer, and served on the management committee.
“Inseego is uniquely positioned for growth in attractive 5G, Cloud Telematics and IoT markets,” said Brian Miller. “As an existing investor, I have always recognized the technological strengths of Inseego. With the new management team led by Dan, I believe Inseego is poised to capture a substantial share of these markets going forward.”