Wiliot Ltd. announced that it will receive its series B round of funding on January 14, 2019.

On the same date, the company has raised $30 million in its first tranche. The tranche included participation from Amazon Web Services, Inc., Samsung Venture Investment Corporation, Avery Dennison Corporation (NYSE:AVY) and returning investor QUALCOMM Ventures. The company has raised $50 million in funding till date.