Updated 2/27 10:47 – contrary to the $1m stated on the SEC filing, this A round is actually targeting $2m.
The company’s ‘One Platform‘ connects devices, networks and users via the cloud to collect real time data from remote sources. ‘Portals’ is a white label web application that bolts on top the One Platform and allows for interaction the devices & data, while ‘UpLink’ and ‘InTime’ offer more specialized solutions for industrial installations and manufacturing facilities.
The technology can be applied to industrial process, embedded systems, agriculture, automotive, manufacturing and mobile devices, and more. DIY hobbyists can use the software off the shelf and startups can build their connected device applications on the platform as well.
“We are very excited to see market validation of the value our team has built and happy to be in a position where we are able to be more strategic about funding sources,” said CEO Hans Rempel, who we interviewed in the early days after Exosite raised an initial $300k.