Jasper, a Mountain View, California-based provider of an Internet of Things (IoT) platform, raised $50m in growth financing.
The round was led by Temasek.
The company intends to use the funds to accelerate innovation of its platform.
Founded in 2004 by Jahangir Mohammed, CEO, Jasper provides a cloud-based platform for enterprises and mobile operators of all sizes to launch, manage and IoT services on a global scale. It delivers real-time visibility and control to manage IoT initiatives and enable capabilities including mobile service management, real-time engagement, support diagnostics, billing and business automation.
The company serves more than 1,000 companies, including Alarm.com, Air Liquide, Audi, Boston Scientific, Coca-Cola, Ford, Garmin, General Electric, General Motors, Honeywell, Nissan, Securitas and many others, and partners with mobile operator groups worldwide, representing over 100 network affiliates.