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EdgeIQ: Raises $8.5M in Funding | Fintech InShorts: Latest fintech news, analysis by experts

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EdgeIQ: Raises $8.5M in Funding

By Steve Sam

July 23, 2022

EdgeIQ Raises $8.5M in Funding

EdgeIQ, a Boston, MA-based provider of DeviceOps software for the Connected Product Economy, raised $8.5M in funding
The round was led by First Analysis with participation from Mathers Associates and Koa Labs
Elliot Zeelander, Managing Partner at Mathers Associates, who will join company’s Board of Directors in connection with the investment
The company intends to use the funds to accelerate the release of new product capabilities, expand its leadership team, and grow overall global market presence
The company provides DeviceOps software that simplifies the lifecycle management of devices and their data
Beyond device and data management, the system makes it easy to integrate with a customer’s chosen cloud services and orchestrate important workflows throughout a device’s value chain