# M87 funding: rounds and investors > M87 has raised $11M across 5 rounds since 2010. Investors include UT Horizon Fund, Madrona Venture Group and Qualcomm. Every round with its source. Source: https://millionrounds.com/company/m87 (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *M87* 5 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Telecoms Funding summary Updated 26 Oct 2026 **$11M** raised across 5 rounds since 2010, from 5 sources **$3.0M** Series A **$3.0M** Series B **$5.0M** Round - **Latest round:** Round, $5.0M Nov 2016 - **Step-up i:** 1.7× - **Investors:** 6 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2011 2012 2013 2014 2015 2016 **?** Grant **?** Round **$3.0M** Series A **$3.0M** Series B **$5.0M** Round - **First round:** Grant - **Biggest round:** $5.0M - **Usual gap between rounds:** 21 months ## The rounds - **Nov 2016** Round **$5.0M** *1 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by FinSMEs SEC filing: $8.6M sold, first sale Nov 2016 - **Feb 2015** Series B **$3.0M** *1 new* *1 returning* [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) From a historical funding record - **Apr 2014** Series A **$3.0M** *2 new* *1 returning* [Qualcomm](https://millionrounds.com/fund/qualcomm) [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) [21viaNet](https://millionrounds.com/fund/21vianet) From a historical funding record SEC filing: $4.7M sold, first sale Dec 2013 - **Jan 2013** Round **Amount undisclosed** *1 new* [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) From a historical funding record - **Aug 2010** Grant **Amount undisclosed** *1 new* [Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Grant** 2010 **Round** 2013 **Series A** 2014 **Series B** 2015 **Round** 2016 [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Qualcomm](https://millionrounds.com/fund/qualcomm) [Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) [21viaNet](https://millionrounds.com/fund/21vianet) ## Everyone who backed them [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) VC firm **3** rounds [Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **1** round [Qualcomm](https://millionrounds.com/fund/qualcomm) Corporate VC **1** round [Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) Investment firm **1** round [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) Investment firm **1** round [21viaNet](https://millionrounds.com/fund/21vianet) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=m87). ## Quick answers about M87 ### Who invested in M87? M87's investors include UT Horizon Fund, Madrona Venture Group, Qualcomm, Texas Venture Labs and Qualcomm Incorporated, and 1 more on record. ### How much has M87 raised? M87 has raised $11M across 5 rounds since 2010. 2 rounds did not disclose an amount, so the total is a floor. ### When did M87 last raise? M87's most recent round was an Undisclosed round of $5.0M in Nov 2016. ### What was M87's biggest round? Its most recent round, $5.0M in Nov 2016, is also its largest on record. ### Who backed M87 first? M87's first round on record, in Aug 2010, was backed by Texas Venture Labs. ### What stage is M87 at? M87's latest named round is an Undisclosed round, in Nov 2016. ### Where is M87 based? M87 is based in the United States. ## Companies like M87 In the same sector, and raised in the last eighteen months. [**TruAgents** $3.4M · Oct 2026](https://millionrounds.com/company/truagents)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**Clockout** $5.5M · Oct 2026](https://millionrounds.com/company/clockout)[**Hubble Network** $270M · Sept 2026](https://millionrounds.com/company/hubble-network)[**Delos Data** $100M · Sept 2026](https://millionrounds.com/company/delos-data)[**Celero Communications** $375M · Sept 2026](https://millionrounds.com/company/celero-communications) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app