Amazon Acquires 2lemetry

2lemetryAmazon (Nasdaq: AMZN), acquired 2lemetry, a Denver, CO-based Internet of Things platform and technology startup.

The amount of the deal was not disclosed.

The company, which had secured $4m in a second round of funding in January 2015 (read here) from Salesforce Ventures and other private investors, had raised $9m in total.

Led by CEO and Co-Founder Kyle Roche, 2lemetry provides a platform for enterprise companies to connect wearables, sensors or devices in larger systems and transform their IoT data into applications and actionable insights. Following the acquisition, the company’s existing service has not changed. It will offer the same customer support and have the same name and branding as before.

FinSMEs

14/03/2015

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