Seattle IoT startup Resin.io gets $5 million in new funding from Soracom, a division of KDDI
Summary
Resin.io has now raised $17 million in funding over the last few years, according to a company representative, with the addition of a new $5 million round from Soracom, a division of massive Japanese wireless carrier KDDI Corp. Soracom, which makes wireless technology designed to connect devices within industrial internet of things setups, is also partnering with Resin.io on forthcoming products that will work more closely together. However, it’s a little more challenging to manage these types of devices than it is a stable of PCs or servers, given the constraints under which they operate, and big cloud providers are spending a lot of time and effort positioning themselves for this shift. Resin.io makes a software-development platform based on a custom version of Linux that helps users build and deploy IoT applications for devices. ) The company, now up to 50 employees, chose to set up shop in Seattle back in 2015 in part because of the area’s rich history of manufacturing and industrial operations, founder and CEO Alexandros Marinos told GeekWire at the time. Previous investors include Draper Fisher Jurvetson, GE, Ericsson, and Aspect Ventures.
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