nello Raises €1.5m in Funding

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nello, a Munich, Germany-based IoT platform provider, raised €1.5m in funding.Backers included KPN Ventures, HBT Holdings and KfW.Led by Dr. Christoph Baumeister, Co-Founder and CEO, nello develops a smart intercom solution which enables keyless, remote access to residential buildings by upgrading existing intercom systems.It enables keyless entry and the possibility to remotely share access with visitors or delivery companies, optimizing logistics.In addition to that, service providers can optimize processes and reduce CO2 emissions.

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