iMatrix Systems: Raises Over $2M in Initial Funding

iMatrix Systems Raises Over $2M in Initial Funding

• iMatrix Systems, a Lake Tahoe, NV-based Industrial Internet of Things (IIoT) solutions provider, raised over $2M in initial funding
• The backers were not disclosed
• The company intends to use the funds to launch its SaaS iMatrix Cloud IoT solution, including a portfolio of wireless sensors
• The company is advancing a SaaS iMatrix Cloud IoT solution, including a portfolio of wireless sensors
• The company is an ideal monitoring/management security solution for agriculture, residential and commercial buildings, the emerging commercial cannabis industry
• Target markets include the temperature logger vertical, medical markets for the blood supply and biospecimen chain, restaurant, and hospitality for food and spirits