201524 Mar

Romanian Internet of Things startup gets financing from Deutsche Telekom hub in Poland

Summary

The Romanian team will get money to develop their project, as well as support from the hub:raum Krakow mentors, and market access to 150 million Deutsche Telekom Group customers all over Europe, according to an announcement of Telekom Romania. DeviceHub.net can be integrated with any kind of hardware and is specially designed for smart metering, fleet management, medical industry, home automation, IoT makers, automotive, wearables. The Romanian startup won the 3rd edition of WARP turbo accelerator organised by hub:raum in December 2014, ahead of other projects from different European countries. “Our partnership with Deutsche Telekom represents a major strategic and development opportunity for the entire DeviceHub.net maker community and it is a solid foundation for our roadmap to becoming the go-to platform for the Internet of Things,“ said Ionut Cotoi, CEO at DeviceHub.net. DeviceHub.net is the second Romanian start-up which received financing from hub:raum, after OmniPaste, which won a EUR 80,000 funding in 2013.

Source: Romania-insider

Funding

$84.8K
Amount
Apr 10 2015
Date
-
Investor
DeviceHub
Company

Classifications

Companies