Raises $4m in Series A Funding, a New York City-based cloud platform for IoT solutions, raised $4m in Series A funding.

The round was led by Middle East Venture Partners (MEVP), Berytech Fund, and Insure & Match Capital (IM).

The company intends to use the funds to expand business operations in the U.S. which includes opening a new office in San Francisco, as well as to continue research and development.

Established in 2015 by Rabih Nassar, CEO, provides a cloud-based platform that allows developers to connect devices to the cloud with no DevOps, hosting, server management, or deployments and create and run custom web services. The platform allows users to access more than 60 APIs and connectors that simplify developing an application and reduces the time to market of an application, Software Development Kits (SDKs) that support the majority of industry IoT platforms, connectors to a IoT vertical solutions in integration, health, automotive, and big-data (including CarVoyant, fitbit, little Bits, and several others).
The company has already partnered with companies such as, the data service exchange for connected devices; Marvell Kinoma, the JavaScript-powered IoT construction kit; Parrot, which creates, develops, and markets advanced consumer technology products; and Withings, which invents smart products and apps to fit into any lifestyle.



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