Licobo
Latest round
- Seed
Last raised
- May 2017
Total raised
- $1.3M
Investors
- 2
About Licobo
Licobo GmbH, founded in 2013 and headquartered in Mannheim, Germany, specializes in IIoT solutions.812 mn.CloudRail, a brand under Licobo GmbH, focuses on advanced industrial cloud connectivity solutions designed for the Industrial Internet of Things (IIoT). Its primary product streamlines data acquisition and preprocessing from both modern and legacy industrial systems using standards like OPC-UA. This solution allows companies to connect machines to the cloud in hours instead of weeks, leveraging automatic data normalization for over 12,000 sensors.Licobo GmbH generates revenue through a subscription-based model for its cloud connectivity solutions, which include secure management services for edge devices. Clients engage in direct transactions that may involve customized integration plans. Revenue is derived from service agreements encompassing access to the CloudRail platform and ongoing support, with the potential for additional fees for advanced features., a move aimed at strengthening Belden's IIoT presence. This acquisition will enable Licobo to leverage Belden's resources for future growth, including the development of new products and expansion into new markets. Specific future products and the timeline for their launch were not disclosed, but the integration with Belden may enhance Licobo's capabilities and market reach.
Who invested in Licobo
2 investors across 2 rounds
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Questions about Licobo
Who invested in Licobo?
Licobo has 2 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 Licobo raised?
Licobo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Licobo last raise money?
Licobo's most recent round on record is a Seed, in May 2017.
What does Licobo do?
Licobo GmbH, founded in 2013 and headquartered in Mannheim, Germany, specializes in IIoT solutions.
Where is Licobo headquartered?
Licobo is headquartered in Mannheim, Germany.
Which VCs invest in companies like Licobo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Licobo's stage. Their profiles are linked below.
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