Waylay Raises €1.2M in Funding
Summary
Waylay, a Ghent, Belgium-based platform to connect IoT applications with enterprise IT systems and cloud services, raised €1.2m in funding.The round was led by PMV and Ark Angels Activator Fund (AAAF).The company intends to use the funds to expand its sales and marketing effort and pursue further growth.Its orchestration service enables companies to make business decisions based on real-time sensor information via real-time automation and notifications in energy, logistics, online retail and smart city projects.Customers include Conrad Electronic SE, CIM Environmental Group, Proximus, the city of Ghent, as well as several utilities.
Funding
Amount
$1.3M
Total raised
Date
January 23, 2017
Announcement date
Investors
-
Lead investors
Company
http://www.waylay.io
Funded company
Classifications
industries
No industries detected
applications
Customer Service & Support
AskAI Classifications
Labels
Automation Software
IoT Software
Enterprise Software
Linked Companies
Waylay
$1M to $5M