Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Virgin’s business predictions, developers have their say and more

FinTech

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital

Sponsored

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport

Press Releases

GreenKey Technologies and Red Box Recorders partner to launch integrated trading voice collaboration and compliance recording solution
Leading light in British HealthTech, Network Locum, rebrands to Lantum
SteelEye announces regulatory tech specialist Matt Smith as CEO

DevicePilot gets £600,000 in angel investment with support from Skyscanner’s founders

London devicepilot
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

DevicePilot has raised £600,000 in angel investment to continue developing its service for IoT device management.

Originally called 1248, London-based DevicePilot’s round drew support from investors including Skyscanner‘s founders Gareth Williams and Bonamy Grimes as well as Telefonica’s corporate accelerator Wayra Unlimited.

DevicePilot CEO Pilgrim Beart, commented on the raise: “Since starting the company we’ve delivered IoT technology with some great partners such as ARM and played a leading role in the development of new IoT standards.

InsurTech startup InsureStreet gets £512,000 in Angel funding

“But as we engaged with more and more connected-product companies across many different verticals it became clear to us that they all suffer from the same problem as they scale – managing their devices,” he added.

The investment comes after DevicePilot surveyed 50 different companies deploying IoT products. The results showed that device management was a major barrier to scaling IoT projects.

Chairman Rob Dobson, concluded: “We ended-up being significantly over-subscribed for this round, which is testament to the strength of the team, the product focus and the exciting growth of the IoT market.”

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

startup tech laptop

Top tech stats: Virgin’s business predictions, developers have their say and more
posted 12 hours ago

Aire Team picture June 2017_9

London FinTech Aire raises $5m Series A from Sunstone Capital and White Star Capital
posted on July 21, 2017

Tech Chats June - digital mobility

Tech Chats: EY’s Daniel Lyons on how tech is revolutionising transport
posted on July 21, 2017

mobile phone

London machine learning startup Sportr closes $350k Seed round
posted on July 21, 2017

The Week in Tech

A $170m tech fund, a drowning robot and more in The Week in Tech
posted on July 21, 2017

Graphcore founders Nigel Toon CEO (right) & Simon Knowles CTO (left)

Bristol-based Graphcore raises $30m from backers including DeepMind co-founder and Atomico
posted on July 20, 2017