Wirepas, a Tampere, Finland-based global device connectivity provider, raised an additional €1.5m in Series A funding.
Backers included Vito Ventures and Inventure.
The company, which has now raised €3m in total funding, intends to use the capital to accelerate growth by extending its global presence, strengthening R&D and building brand awareness.
Led by CEO Teppo Hemiä, M.Sc., Wirepas provides Wirepas Connectivity, a de-centralized radio communications protocol that can be used in any device, with any radio chip and on any radio band. With Wirepas Connectivity there is no need for traditional repeaters because every wireless device is a smart router of the network.
The company has offices in Brazil, France and the United States.