# azeti Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azeti-networks

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.azeti.net
- Latest round: Series A (Sep 21, 2009)
- Investors on record: 2

## About

azeti Networks GmbH is a Berlin-based company focused on delivering innovative Industrial Internet of Things (IoT) solutions that enhance operational efficiency and sustainability across various industries.Established in 2006, azeti Networks GmbH specializes in IoT technology to facilitate the digital transformation of industries. The company has engaged in a total of 4 deals, with its most recent funding round being a Series C in April 2016, where it raised USD 4.00 mn. The company operates primarily from its headquarters in Berlin, Germany.azeti GmbH specializes in providing innovative solutions in the realm of Industrial Internet of Things (IoT) technology, focusing on the digital transformation of industries. Their core offerings enable businesses to unlock the value of their data through agile software development and scalable industrial solutions. The company collaborates closely with clients to implement IoT systems that enhance operational efficiency and sustainability, serving a diverse clientele that spans multiple sectors, including manufacturing, logistics, and resource management. azeti's products are utilized primarily in the European market, capitalizing on their affiliation with Aurubis AG to reach clients seeking advanced digital solutions. The company emphasizes a culture of diversity and collaboration, fostering an environment where teams can experiment and innovate to meet the evolving needs of their customers.azeti GmbH generates revenue through a combination of subscription-based models and project-based partnerships, primarily engaging in Business-to-Business (B2B) transactions. Clients typically enter into agreements for the deployment of azeti's IoT solutions, which may involve custom software development or system integration services tailored to specific operational requirements. The company's revenue structure includes recurring subscription fees for ongoing software support and maintenance, alongside one-time fees for initial installations and customizations. While specific pricing plans for azeti's offerings are not disclosed, the company is known for providing comprehensive solutions that yield tangible benefits for its clients, making their services a valuable investment for organizations aiming to enhance their industrial operations.In April 2016, azeti Networks raised USD 4.00 mn in venture funding led by Wim Elfrink. The company plans to utilize this funding to develop and launch new IoT products aimed at further enhancing industrial efficiency. They are targeting expansion into additional European markets, with a focus on increasing their presence in the logistics and manufacturing sectors by 2025. These initiatives are expected to leverage their existing technological capabilities and client relationships to drive growth.

## Funding rounds

- Series A, Sep 21, 2009 — Earlybird, NRW Bank

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A
- NRW Bank — Series A