IoT startup Roambee bags $4.1 mn in 2nd round funding
The Economic Times | January 13, 2017
US headquartered Internet of Things (IoT) startup Roambee has bagged its second round of funding of $4.1 million with participation from silicon valley investors and the investing arm of Deutsche Telekom.
The 3 year old startup received its series A round of $2.5 million in May 2015 from a group of Silicon Valley investors. The startup which has an innovation centre in Ahmedabad and a manufacturing unit in Delhi, offers Internet of Things based solutions for shipment tracking using sensor data, analytics and predictive reporting.