IOTech Systems
Latest round
- Series A
Last raised
- Aug 2019
Total raised
- $9.7M
Investors
- 4
About IOTech Systems
Founded in 2017 and headquartered in Newcastle, UK, IOTech Systems Limited provides an open edge data platform.IOTech Systems specializes in providing an open edge data platform primarily through its flagship products, IOTech Edge Central and Edge Builder. IOTech Edge Central serves as an industrial-grade solution founded on the EdgeX Foundry framework, enabling seamless connectivity, real-time data acquisition, and comprehensive edge management. The platform allows users to integrate a wide variety of operational technology (OT) devices and sensors, facilitating data normalization, aggregation, and secure sharing with cloud and application ecosystems. Edge Builder enhances usability and scalability, offering a unified graphical interface to manage thousands of devices efficiently.IOTech Systems' revenue is primarily generated through a subscription-based model and partnerships with key industry players. The company's offerings include Edge Central and Edge Builder, tailored for a B2B clientele, enabling enterprises to enhance their operational efficiency through edge computing solutions. Transactions typically involve multi-year contracts, ensuring clients receive ongoing support and updates. This structure facilitates predictable revenue streams while integrating IOTech’s platforms within clients' infrastructures. IOTech aims to expand its market presence and is exploring opportunities in new geographic regions to enhance its product offerings.
Who invested in IOTech Systems
4 investors across 2 rounds
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Questions about IOTech Systems
Who invested in IOTech Systems?
IOTech Systems has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has IOTech Systems raised?
IOTech Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did IOTech Systems last raise money?
IOTech Systems's most recent round on record is a Series A, in Aug 2019.
What does IOTech Systems do?
Founded in 2017 and headquartered in Newcastle, UK, IOTech Systems Limited provides an open edge data platform.
Where is IOTech Systems headquartered?
IOTech Systems is headquartered in Newcastle, UK.
Which VCs invest in companies like IOTech Systems?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at IOTech Systems's stage. Their profiles are linked below.
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