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
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Technology
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People of Iot.nxt
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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.
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.
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Mobile telecommunication services are provided by Vodacom in South Africa.
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Investor details for Iot.nxt
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Investments & Acquisitions by Iot.nxt
Investment portfolio details for Iot.nxt
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Financial Statements - Iot.nxt
Detailed financials for Iot.nxt
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Iot.Nxt Comparisons
Peer comparison for Iot.nxt
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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.
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Provides high performance WiFi chips and software
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Embedded software patch management is delivered for consumer electronics devices.
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Cloud-based servitization platform is provided for OEM connected devices.
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Energy and sustainability management is facilitated via a cloud-based platform.
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Mobile Backend-as-a-Service and IoT cloud platform are offered by Kii.
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Cloud-based platforms and devices for IoT remote applications are developed.
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Detailed competitors of Iot.nxt
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Latest news on Iot.Nxt
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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 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.