Mode Inc., San Mateo, California-based provider of an Internet of Things platform, raised $775k in funding.
Backers included Metamorphic Ventures and Kleiner Perkins Caufield & Byers and several angel investors in Silicon Valley.
The company will use the new funding to start serving high-volume traffic on its platform.
Created by former Google engineer Gaku Ueda and former Yahoo engineer Ethan Kan, MODE provides a cloud-based platform to manage the essential function of any IoT system connecting mobile applications with hardware devices in real time. The platform provides a cloud API for devices, mobile clients and application servers. IoT developers can utilize the platform as the backend infrastructure throughout the entire development cycle, from prototyping to product launch.
The platform works with any devices or mobile operating systems.
FinSMEs
11/05/2015