European IoT platform Relayr raises $11m, plans U.S. launch

Andy Boxall

In app-development-2

November 12, 2015

relayr logo

Internet of Things software and hardware provider Relayr has completed its Series A funding round, raising a total of $11m, and naming Kleiner Perkins Caufield & Byers as its primary backer.

Relayr supplies an end-to-end Internet of Things platform, including an SDK, sensors, and an associated cloud platform. The company has been operating since 2013, and is based in Munich, Germany.

Relayr provides a complete IoT solution, including a Java SDK, and has raised $11m in new funding

Relayr screen

Munich Venture Partners also contributed to the funding, and partner Walter Grassl, had this to say about Relayr and IoT:


“IoT will impact all industries; changing production processes, tightening supply chains, and enabling new services and business models. Relayr is the European market leader in this upcoming industrial IoT space, and its customer base of large industrial corporations and its existing partnerships with leading technology providers and consultancies are a solid foundation for expanding its IoT capabilities on a global scale.”

The investment will lead to advances in Relayr’s technology, the launch of its B2B business in the U.S., and the signing of new partnership deals. You can learn more about Relayr here.