Losant secures $5.2 million in Series A financing to meet surging IoT solutions demand

Press release published by: https://www.iottechnews.com/
Source URL: https://www.iottechnews.com/news/2018/feb/20/losant-secures-52-million-series-financing-meet-surging-iot-solutions-demand/

Losant, a US-based startup that helps enterprises build IoT solutions, prepares itself to meet the surging demand for next generation connected solutions by securing a sum of $5.2 million in a Series A financing round.

Securing the amount, Charlie Key, CEO of Losant, said: “We’re excited to see our platform power intelligent solutions across a gamut of industries and use-cases. Our customers are pushing new boundaries in industrial equipment monitoring, asset tracking, smart buildings, and more. With endless possibilities, Losant is uniquely positioned to help thousands of companies in their IoT journey.”

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