HiveMQ Raises €9.3M in Seed Funding

HiveMQ, a Landshut, Germany-based provider of solutions to allow companies to connect devices to the Internet, raised €9.3m in seed funding.

The round was led by Earlybird Venture Capital and Senovo Capital Management with participation from business angels Ali Kutay, Mirko Novakovic, Daniel Schellhoss and Charles Songhurst.

The company intends to use the funds to expand sales and marketing efforts, increase R&D investment in their cloud-managed MQTT service and introduce new products into the market.

Led by Christian Götz, CEO and co-founder, HiveMQ provides companies with a platform to move data from device to cloud in a secure and scalable manner. Over 130 customers, including many Fortune 500 companies, use HiveMQ in production for mission-critical use cases like connected cars, transportation, logistics, Industry 4.0 and connected IoT products.

Its customers include global brands such as BMW, Daimler, Deutsche Telekom, Liberty Global, Moen, Siemens, ZF and many more.