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Truphone, an eSIM mobile carrier that works with Apple, raises another $71M, now valued at $507M

Truphone, an eSIM mobile carrier that works with Apple, raises another $71M, now valued at $507M

It doesn't specify which deals these are, but Truphone was an early partner of Apple's to provide eSIM-based connectivity to the iPad -- that is, a way to access a mobile carrier without having to swap in a physical SIM card, which has up to now been the standard for GMSA-based networks. Truphone is expanding on this by offering a service for new iPhone XS and XR models, taking advantage of the dual SIM capability in these devicews. Truphone says that strategic partners of the company include Apple ("which chose Truphone as the only carrier to offer global data, voice and text plans on the iPad and iPhone digital eSIM"); Synopsys, which has integrated Truphone’s eSIM technology into its chipset designs; and Workz Group, a SIM manufacturer, which has a license from Truphone for its GSMA-accredited remote SIM provisioning platform and SIM operating system.