Helium
CEO: Amir Haleem
Helium is planning to build out a low-power, global IoT network that incentivizes support and expansion through its own cryptocurrency.
The San Francisco-based startup has raised nearly $40 million from investors, including Salesforce CEO Marc Benioff, Google Ventures and Khosla Ventures, the venture capital firm started by Sun Microsystems co-founder Vinod Khosla.
The company is using blockchain technology to build a decentralized machine network that compensates consumers and businesses who buy a gateway from Helium and provide connectivity to nearby devices.