myDevices
Date | Investors | Amount | Round |
---|---|---|---|
* | €3.0m | Series A | |
Total Funding | AUD5.1m |
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EditmyDevices operates in the Internet of Things (IoT) market, providing a comprehensive ecosystem that includes hardware, software, connectivity, and services to facilitate the deployment and management of IoT sensor solutions. The company serves a diverse range of clients, including enterprises, small and medium-sized businesses, and developers who require efficient and scalable IoT solutions.
myDevices offers a vast catalog of over 1,000 plug-and-play sensors sourced from 100 different hardware manufacturers, making it easier for clients to integrate various devices into a single, cohesive system. The company's middleware allows for seamless integration of sensors into any platform, whether it's the client's own or myDevices' platform. This simplifies the process of sourcing sensors, decoding payloads, provisioning devices, and hosting the LoRa network, ensuring that all devices work together as a turnkey solution.
The business model is primarily based on providing end-to-end IoT solutions, which include the sale of hardware, subscription-based software services, and additional support and consulting services. myDevices generates revenue through the sale of sensors, subscription fees for their IoT Device Management App, and consulting services for custom IoT projects.
Keywords: IoT, sensors, hardware, software, connectivity, middleware, LoRa network, device management, turnkey solutions, scalable.