Hive Founder Continues to Dominate UK IoT Market With New Software
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"This is a really exciting time," says CEO Pilgrim Beart, "Not just for DevicePilot but for the IoT industry as a whole, because now anyone can build an IoT solution. Our zero code integrations with leading device manufacturers as well as popular IoT services from AWS, Azure and Google, plus business platforms like Zendesk, Salesforce and Slack, are removing the barriers to industry growth.
Now, the internet of things is evolving - just like the internet itself did."
The round was led by Maria Dramalioti-Taylor of Beacon Capital - who will be joining the board alongside DevicePilot chairman, Rob Dobson - plus investors Pontaq & 8point Capital and further investments from original angel investors including the founders of Skyscanner, Moonfruit and Pachube.
About the Internet of Things:
About DevicePilot:
DevicePilot is a SaaS company based in London, UK, providing the device analytics needed to analyse performance, track KPIs and trigger actions from IoT devices. The company works with IoT industry leaders to help grow businesses whilst keeping operational costs down. Unlike DIY systems, the tool is easy to use and infinitely scalable. For more information, please call +44 207 520 7073 or email [email protected]
http://www.devicepilot.com
About Beacon Capital LLP:
Beacon Capital is a venture capital firm based in London, UK, that invests in early-stage, B2B technology startup companies, primarily in the UK. Founded in 2012, Beacon has invested in more than 20 startup companies at pre-series A stage including category-defining ones such as Topia, Epignosis, Ometria and Lifebit. The market capitalization of the portfolio exceeds $600m at the time of writing, a 9x increase since its founding.
http://www.beaconcapital.co.uk/
About Pontaq:
Pontaq is a UK registered venture capital fund with a core USP of cross border technology transfer between UK and India. Since inception in 2015, the firm has been capitalizing on the massive opportunity of "#Innovation #Startup #Scaleup" through its UK India Innovation Funds (UIIF). The fund comprises of a team of seasoned entrepreneurs with multiple exits and an experienced VC. The fund invests into both software and hardware-based technology firms across UK and India in the B2B/ B2B2C space.
http://www.pontaq.vc
About 8point Capital:
8point Capital ("8point") is a technology investment firm with a core focus on working with founders to scale across Asia and the Middle East. Strategically based out of Hong Kong, and deeply rooted in the Middle East, we leverage our networks across both regions for the benefit of our partners.
http://www.8pointcapital.com
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