Innovative IoT Chips Riot Micro specializes in developing industry-leading wireless chipsets for IoT applications, indicating an opportunity to target companies seeking advanced connectivity solutions across diverse smart devices.
Recent Asset Sale The company sold its cellular IoT assets to STMicroelectronics, suggesting a potential shift or gap in their product offerings that clients with related needs might explore through alternative providers or partnerships.
Focus on Connectivity Riot Micro’s platform simplifies cellular connectivity for applications like smart metering and vehicle telematics, making it appealing to enterprises involved in infrastructure, transportation, and energy sectors looking for scalable IoT solutions.
Limited Financial Data With revenue under one million dollars and no available funding figures, Riot Micro presents an opportunity for sales efforts to engage with a growing startup or innovator in a niche tech space requiring strategic partnerships or investment.
Tech Stack & Collaboration Their reliance on common enterprise tools and open-source technologies suggests a flexible and adaptable development environment, which can be attractive to organizations valuing customizable and cost-effective IoT solutions.