IoT-focused SaaS provider EMnify secures €8 million in series A funding

EMnify, a Berlin-based IoT and M2M connectivity management platform provider, has raised €8 million (£7m) in a series A funding round, as the company looks to expand its sales and marketing activities.The recently accumulated funds will help EMnify support its international sales and marketing expansion activities as part of the company’s global rollout of its cloud native cellular connectivity integration with Amazon AWS, Microsoft Azure, and Google Compute Engine, among others. Frank Stöcker, CEO and Co-Founder of EMnify, said: EMnify is experiencing very strong growth and with the fresh capital we want to accelerate this trend by taking the necessary investments to further expand our sales and marketing activities to execute our go-to-market strategy.

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Spotlight

In today’s competitive market, companies across various industries are taking bold steps to optimize their maintenance and operations strategies. A comprehensive and balanced approach to asset performance management is no longer a choice—it's a necessity. Prescriptive analytics is a powerful tool to help you stay ahead. By build

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