Mode Raises $1.3M in Seed Funding
Summary
Mode, a San Mateo, CA-based that brings hardware to life with cloud integration, raised an additional $1.3m in funding.NIifty Corporation, a subsidiary of the Fujitsu group, joined KPCB and Metamorphic Ventures to raise seed total to $2m.The company will use the funds to continue to develop the platform, add functions and expand operations.Led by Gaku Ueda, CEO, Mode provides a Hardware as a Service platform for hardware companies to craft cloud services and apps.The IoT solution allows them to connect their products to a comprehensive system that includes data collection, remote access, user management, integration, enterprise systems, etc.
Funding
Amount
$1.3M
Total raised
Date
August 30, 2016
Announcement date
Investors
Metamorphic Ventures
Lead investors
Company
http://www.tinkermode.com
Funded company
Classifications
industries
HealthTech
applications
Accounting and Taxes
AskAI Classifications
Labels
Building Management Software
IoT Software
AI Software
Linked Companies
MODE, Inc.
$1M to $5M