Get Started
Share Press Release
Email
Facebook
Reddit
LinkedIn

iotcomms.io receives additional funding to accelerate its ongoing scale up

For more information, contact:

Gunnar Reinholdsen
Co-founder, iotcomms.io
gunnar@iotcomms.io
+46 72 240 9595

The board of directors of iotcomms.io
Mats Lundbäck, Telia Company, Erik Hallberg, Chairman of the Board, Jörgen Björkner, Co-founder at iotcomms.io, Gunnar Reinholdsen, Co-founder at iotcomms.io, Andreas Pennervall, Investment Director at Fairpoint Capital and Filip Blomback, Head of Telia Ventures at Telia Company. Not present: Stefan Lindeberg, Red Dawn Ventures.
iotcomms.io announces that it receives additional funding from existing investors Fairpoint Capital and Telia Company to accelerate its ongoing scale-up process. With increased sales from existing customers as well as a growing interest in the company’s cloud-native communication platform from new potential customers, the additional funding will further fuel the company’s demonstrated growth.
iotcomms.io is offering cloud-based alarm, voice and video communication services for integration into solution providers’ offerings. The company currently has customers in several European markets as well as in the Americas.

For us as an existing and long-term investor we are extremely delighted to see the growth and customer interest in the iotcomms.io platform. It is natural for us to further invest in the company and be part of the expansion.

Andreas Pennervall, Investment Director, Fairpoint Capital

iotcomms.io is offering services that are right in time and demanded by more and more industries as they digitize, move to the cloud and adopt an API-based solution design. For us as technology pioneers in the telecommunications space, it is therefore natural to be part of the company’s growth journey.

Filip Blomback, Head of Telia Ventures, Telia Company

Following the increased demand for our services we want to accelerate our ongoing scale up. Both our technology and go-to-market model have proven successful, and we are therefore ready to further expand our business.

Gunnar Reinholdsen and Jörgen Björkner, Founders, iotcomms.io
Also participating in the round is existing investor Red Dawn Ventures.

iotcomms.io's suite of real-time communication services

Services Overview
More Insights