Skyresponse (pka Skygd), a Stockholm, Sweden-based alarm management company, completed a new investment round of SEK9m.
The round was led by existing investors and a group of new investors including Thomas Ivarson, Lars Wahlström, Fredrik Adolfsson, Louis Hedberg, Jorma Mobrin, who have together formed the company’s advisory board.
The company intends to use the funds for the continued growth and international expansion in the IoT (Internet of Things) market.
Led by Martin Reidevall, CEO, Skyresponse is a supplier of all types of alarm management and deviations for connected products. The company’s cloud-based alarm and incident management system is already in use today in the Swedish market as a component of a number of IoT applications in the security and e-health areas.