Israel-based Axonize raises $6 million for its IoT platform

Israeli IoT startup Axonize has raised $6 million in Series A funding led by Meron Capital with participation from Deutsche Telekom, StageOne Ventures, and Cornerstone Venture Partners. The Israeli company develops a Microsoft Azure-based internet of things orchestration platform for IoT service providers for connecting and managing multiple applications. It will use the new funds […]

IoT startup Relayr raises $30 million led by Deutsche Telekom

German IoT startup Relayr has raised $30 million in a funding led by Deutsche Telekom Capital Partners with participation from B37, Purple Arch, Kleiner Perkins, and Munich Re. Relayr, whose total funding now stands at around $100 million, develops an enterprise cloud platform for aggregating data from industrial IoT devices; its customers include Bosch and […]