Loon

United States
Plain, Wisconsin, United States, 94043

Company profile

Loon company profile

Loon is a network of high altitude balloons used to provide stable internet coverage on the ground. Project Loon balloons float in the stratosphere, twice as high as airplanes and the weather. In the stratosphere, there are many layers of wind, and each layer of wind varies in direction and speed. Loon balloons go where they’re needed by rising or descending into a layer of wind blowing in the desired direction of travel. By partnering with telecommunications companies to share cellular spectrum we’ve enabled people to connect to the balloon network directly from their phones and other LTE-enabled devices. The signal is then passed across the balloon network and back down to the global Internet. Loon is a subsidiary of Alphabet, Google's parent company. The Mountain View, California-based company was founded in 2011.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2011-01-01, Year

Headquarters

Postal code
94043
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
1
Total equity funding
$125M
Last funding
Undisclosed / $125M / 2019-04-25
Last equity funding
Undisclosed / $125M
Investors
1
Lead investors
1
Articles
255

Founders and investors

Lead investors

HAPSMobile

Investors

HAPSMobile