EdgeIQ: Raises $8.5M in Funding

EdgeIQ Raises $8.5M in Funding

  • EdgeIQ, a Boston, MA-based provider of DeviceOps software for the Connected Product Economy, raised $8.5M in funding
  • The round was led by First Analysis with participation from Mathers Associates and Koa Labs
  • Elliot Zeelander, Managing Partner at Mathers Associates, who will join company’s Board of Directors in connection with the investment
  • The company intends to use the funds to accelerate the release of new product capabilities, expand its leadership team, and grow overall global market presence
  • The company provides DeviceOps software that simplifies the lifecycle management of devices and their data
  • Beyond device and data management, the system makes it easy to integrate with a customer’s chosen cloud services and orchestrate important workflows throughout a device’s value chain
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...

Hacked DeFi Platform Drift Secures Funds to Repay Customers

Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...