# 2lemetry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/2lemetry

- Industry: Software
- Headquarters: Denver, US
- Website: www.2lemetry.com
- Total disclosed funding: $4M
- Latest round: Series B (Jan 9, 2015)
- Investors on record: 1

## About

2lemetry specializes in IoT solutions that enable device connectivity, data management, and analytics, empowering businesses to optimize their operations and enhance decision-making processes.Founded in 2011 in Denver, US, 2lemetry focuses on providing Internet of Things (IoT) solutions for various industries. The company was acquired by Amazon in March 2015 for an undisclosed amount. 2lemetry has completed a total of 2 deals, with its latest funding round being a Series B of USD 4.00 mn, raised from Salesforce Ventures, contributing to a total amount raised of USD 4.00 mn.2lemetry offers a range of IoT services designed to connect, manage, and analyze vast networks of devices across multiple sectors. Their solutions include secure device connectivity, data processing, and storage capabilities, specifically catering to industries such as industrial automation, consumer electronics, and automotive applications, enabling effective remote monitoring and predictive maintenance.The revenue model for 2lemetry is primarily based on subscription services and pay-as-you-go pricing plans, allowing clients to pay based on their usage. The platform facilitates seamless integration with IoT solutions, contributing to enhanced operational efficiencies and improved decision-making through real-time data analytics.2lemetry's future growth strategy focuses on expanding its product offerings and entering new markets. The company aims to enhance its IoT solutions, though specific upcoming products, release dates, or targeted geographic regions for expansion have not been detailed. The recent funding from the Series B round, concluded in March 2015, will likely support these growth initiatives following the acquisition by Amazon.

## Funding rounds

- Series B, Jan 9, 2015, $4M — Salesforce Ventures

## Investors

- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B