Saturday, October 19, 2024
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EdgeIQ: Raises $8.5M in Funding

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

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