Veniam Signs Key Collaboration Partnership with Leading Singapore Info-Comm Provider

SINGAPORE--(Marketwired - Nov 21, 2016) - Veniam, the tech company that delivers the Internet of Moving Things, aims to turn thousands of vehicles into mobile Wi-Fi hotspots and connect millions of internet users in Singapore. That's the goal for the company as it signs its first Collaboration Agreement in Asia with StarHub, a full info-communications provider in Singapore.

This key strategic partnership builds on the collaboration between Veniam and StarHub, which involved piloting Singapore's first mesh network of connected vehicles. Operating since June 2016 on the Comfort Delgro shuttle buses that circulate in the National University of Singapore (NUS), Veniam's mobile Wi-Fi service has been used by tens of thousands of users and generated millions of internet sessions.

The newly signed long-term agreement foresees close co-operation and joint go-to-market activities between Veniam and StarHub, with the goal of deploying Veniam's solutions at city scale, while leveraging StarHub's 4G LTE and fiber infrastructure. The aim for Veniam is to connect thousands of buses, taxis, and autonomous vehicles to operate as a vehicle mesh network, thereby expanding wireless coverage, collecting terabytes of valuable data, and ultimately contributing towards the ambitious goals of Singapore's Smart Nation initiative.

"The convergence of transportation systems with advanced communications and data analytics is revolutionizing public transit and urban mobility worldwide. We feel very privileged to partner with StarHub in bringing the benefits of this revolution to millions of people in Singapore," said João Barros, CEO of Veniam.

The performance and innovative nature of Veniam's technology has already been proven in the US and Europe. Case in point, the company has been widely recognized internationally through a number of industry awards both in the telecom and the automotive sectors. The company that delivers the Internet of Moving Things is now growing its presence in the Asian market. Through its new partnership with StarHub, Veniam is enabling Singapore to become one of the first nations in the world to benefit from an infrastructure of mesh connected vehicles.

About Veniam
Veniam turns vehicles into Wi-Fi hotspots and builds vehicular networks that expand wireless coverage and collect terabytes of actionable data. Veniam's game-changing solutions are composed by hardware, software and cloud components that deliver managed services to intelligent transportation systems in New York and Singapore, as well as in the world's largest network of connected vehicles, which includes taxis, waste collection trucks and the entire public bus fleet in Porto, Portugal, offering free Wi-Fi to more than 480,000 active customers. With offices in Silicon Valley, Porto (Portugal), and Singapore, Veniam is backed both by leading venture capital firms such as True Ventures, Union Square Ventures and Cane Investments, and by the corporate investment arms of Verizon, Cisco, Orange, Yamaha Motors and Liberty Global. Follow us on Facebook, LinkedIn and Twitter.