Simulity is a specialist technology business, focusing on connected devices and the Internet of Things (IOT) through its embedded communications software for SIM, eSIM and next generation connected products. It was founded in 2009 and has since seen significant growth. Foresight’s investment will allow Simulity to continue to grow its existing SIM and SIM operating system market share as well as expand into new markets.
Nick Foss-Pedersen from Rosenblatt’s corporate team advised Simulity with support from Rosenblatt’s employment and tax groups.