Proximetry

Proximetry

Proximetry - IoT Device Management Solutions. Learn more

Launch date
Market cap
-
Enterprise valuation
€14—21m (Dealroom.co estimates Aug 2016.)
Berlin Germany (HQ)
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DateInvestorsAmountRound

$5.0m

Series A
N/A

$983k

Debt
N/A

$790k

Early VC
N/A

$1.8m

Series A

$3.8m

Series B

N/A

Acquisition
Total Funding€10.4m

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Proximetry is a technology company specializing in Internet of Things (IoT) performance management solutions. The company provides a platform that enables IoT solution vendors to deploy and test their applications and devices efficiently. Proximetry operates in the IoT market, serving clients in the energy, transportation, and broadband industries. The business model revolves around offering a robust platform that integrates dynamic performance management across multiple network technologies, ensuring seamless and reliable IoT implementations. Revenue is generated through subscription fees for access to the platform and additional services related to deployment and performance management. The company is part of the Cloud Foundry Foundation, which underscores its commitment to large-scale IoT implementations. Proximetry's team consists of highly trained professionals, including programmers, electronics and telecommunications specialists, and several PhDs in computer science, primarily based in Central Europe. The company prides itself on its software innovations and world-class wireless solutions that support global partners and customers.

Keywords: IoT, performance management, deployment, testing, network technologies, energy, transportation, broadband, Cloud Foundry, wireless solutions.