About Iot.nxt
Iot.nxt is a company based in Johannesburg (South Africa) founded in 2015 was acquired by Vodacom in May 2019. Iot.nxt has raised $7.71 million across 1 funding round from investors including Vodacom and Talent10 Technology Partners. Iot.nxt operates in a competitive market with competitors including Celeno, Memfault, Xyte, Hara and Kii, among others.
- Headquarter Johannesburg, South Africa
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website iotnxt.com
- Social LinkedIn X Facebook
- Acquired by Vodacom (May 2019)
Funding Insights of Iot.nxt
Iot.nxt has successfully raised a total of $7.71M through 1 strategic funding round. The most recent funding activity was a Series B round of $7.71 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.71M
- Total Rounds 1
- Last Round Series B — $7.71M
- First Round $7.71M
(Feb 2017)
- Investors Count 1
All 1 funding rounds of Iot.nxt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $7.71M | Series B | – | Talent10 Technology Partners | – |
2 investors in total: 2 institutional.
Investors in Iot.nxt
Iot.nxt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vodacom and Talent10 Technology Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | talent10tech.com | - | |
Mobile telecommunication services are provided by Vodacom in South Africa. | 1994 | vodacom.com | Midrand, South Africa |
Investor details for Iot.nxt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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People of Iot.nxt
51 people are tracked at Iot.nxt (15 in leadership, 4 in board & advisors, 32 in team).
| Name | Role | Group |
|---|---|---|
Vusi Mngomezulu | Head Of Sales | Leadership |
Pren Iyer | Head Of Sales Operations | Leadership |
Dwayne Williams | Head of Legal | Leadership |
Riaan Naude | Chief Delivery And Service Officer | Leadership |
Kyle du Plessis | Partner Enablement Coordinator | Leadership |
David Ramphekwa | Head Of Global Customer Success | Leadership |
Kobus Pienaar | Head Of PMO And Technical Programme Management | Leadership |
Chris Charnock | Head Of Supply Chain And Partnerships | Leadership |
Morné Maree Eng. Hdip | Head Of Pre Sales And Hardware | Leadership |
Roberto Rocha | Head Of Solution Architecture | Leadership |
Richard York | Head Of Service Delivery Management | Leadership |
Juan Korb | Technical Partner Enablement Manager | Leadership |
Paul Steyn | Chief Enterprise Architect | Leadership |
Paula de Ponte | Head Of Partner Enablement | Leadership |
Alastair Jacobs | Chief Sales Officer | Leadership |
Paveshan Govender | Non-Executive Director | Board & advisors |
William Mzimba | Non-executive Director | Board & advisors |
Wayne Fitzjohn | Non-Executive Director | Board & advisors |
Kenneth Gomado | Non-Executive Director | Board & advisors |
Ishmael Vambe | Devops Engineer | Team |
31 more people are available in the full profile.
Complete people profiles for Iot.nxt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Iot.nxt
3 dated milestones of Iot.nxt across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Iot.nxt is founded.
- Funding First funding round of $7.7M.
- Exit Acquired by Vodacom.
Competitors of Iot.nxt
Iot.nxt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Celeno, Memfault, Xyte, Hara and Kii, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| celeno.com | 2005 | – | $116.2M | – | Provides high performance WiFi chips and software | |
| memfault.com | 2015 | San Francisco, United States | $35M | 41 | Embedded software patch management is delivered for consumer electronics devices. | |
| xyte.io | 2019 | Tel Aviv, Israel | $20M | – | Cloud-based servitization platform is provided for OEM connected devices. | |
| hara.com | 2008 | Minneapolis, United States | $45M | 630 | Energy and sustainability management is facilitated via a cloud-based platform. | |
| kii.com | 2010 | San Mateo, United States | $10.31M | – | Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii. | |
| archsys.io | 2015 | Mountain View, United States | $19.5M | 17 | Cloud-based platforms and devices for IoT remote applications are developed. | |
| zipitwireless.com | 2007 | Greenville, United States | $12.86M | – | Wireless device connectivity and management are facilitated by Zipit Wireless. | |
| smartm.com | 1985 | Newark, United States | – | 3,000 | Manufacturer of non-volatile memory solutions | |
| datoms.io | 2015 | Bengaluru, India | $2.22M | 48 | Industrial IoT platform provided for OEMs and system integrators. | |
| eurotech.com | 1992 | Udine, Italy | – | – | IoT infrastructure and device management platforms are offered. |
Detailed competitors of Iot.nxt
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Iot.nxt
The website of Iot.nxt (iotnxt.com) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 24.2% vs previous month
Websites whose visitors overlap most with Iot.nxt. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cadco.co.za | cadco.co.za | 100% | – | #2,769,443 | – |
| ersbio.co.za | 99% | – | #293,245 | View details | |
| syntell.co.za | 61% | 1.4K | #10,388,449 | View details | |
entelect.co.za | entelect.co.za | 57% | – | #566,395 | – |
| google.com | 51% | 85.8B | #1 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Iot.nxt
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Iot.Nxt
Complete news archive for Iot.nxt
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Iot.nxt
10 companies that operate in the same segment as Iot.nxt (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Iot.nxt
Iot.nxt was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Iot.nxt is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Iot.nxt is a funded company, having raised a total of $7.71M across 1 funding round to date. The company's 1st funding round was a Series B of $7.71M, raised on Feb 2017.
The company was founded in 2015 in Johannesburg, South Africa, focusing on the IoT sector. An open-framework platform is offered for development and cross-industry solution integration. Interoperability is supported alongside technology-agnostic features to utilize existing legacy systems. API-driven methods are employed for quick integration and deployment. Status as a silver Microsoft partner is held, and recognition as a Gartner Aspiring Innovator was received in 2016.
Iot.nxt's top competitors include Memfault, Hara and Arch Systems.
Iot.nxt has 2 investors. Key investors include Vodacom, and Talent10 Technology Partners.
Yes. Iot.nxt was acquired by Vodacom in May 2019.