Company Overview
Snapshot
Founded in July 2017 by Ofer Ben-Noon, Itamar Kunik, Zohar Alon, and Maor Efrati, Monogoto operates with 51–200 employees. The company has raised a total of $50.6M across 3 funding rounds from 13 investors, with Toyota Ventures and Samsung Next TLV leading a round in October 2024. In March 2020, Monogoto acquired Hypermedia Systems SIM gateway assets, expanding its platform's service offerings.
Business overview
Monogoto provides a cloud-based cellular network, offering API-driven Infrastructure-as-a-Service for cellular connectivity. Designed for simplicity, its platform integrates with existing enterprise IT infrastructure, delivering cellular connectivity with edge-to-cloud security for IoT, Private LTE, and 5G use cases. Monogoto's services include comprehensive audit capabilities for network events, anomaly detection, and automated alerts. The company operates on an "as-a-Service" business model, enabling advanced cellular VAS consumption without CAPEX, and serves markets across telecommunication, IoT, and enterprise solutions.
Strategic signal
Monogoto's Gold Winner award for AI Innovation in the 2026 Merit Awards for Telecom & Wireless, announced in March 2026, signals strong industry recognition for its programmable hybrid connectivity solutions. This highlights the company's commitment to advancing AI-driven capabilities within telecommunications, indicating a forward trajectory in leveraging artificial intelligence to enhance its core offerings and maintain a competitive edge in the evolving IoT and private network landscape.
Company Intelligence Q&A
- What is Monogoto's core business?
- Monogoto provides a cloud-based cellular network offering API-driven Infrastructure-as-a-Service for IoT, Private LTE, and 5G connectivity, designed to integrate with existing enterprise IT infrastructure.
- When did Monogoto receive the 2025 IoT Evolution Security Excellence Award?
- Monogoto's Software-Defined Connectivity Cloud received a 2025 IoT Evolution Security Excellence Award in November 2025.
- Which award did Monogoto win in January 2026?
- In January 2026, Monogoto was selected as the winner of the "M2M Product of the Year" award in the 10th annual IoT Breakthrough Awards program.
- What was the outcome of Monogoto's partnership with Nordic Semiconductor?
- In February 2026, Monogoto announced a strategic cooperation with Nordic Semiconductor to accelerate the NuSIM ecosystem for IoT-optimized integrated connectivity.
- What was a key strategic development for Monogoto in March 2025?
- In March 2025, Monogoto announced its adoption of the Aether open-source platform to power next-generation private 4G and 5G networks, showcased at MWC Barcelona.