- PRESS RELEASE
- Stockholm
- March 10, 2020
iotcomms.io, provider of a platform for mission critical communication services, announces today a seed investment from Telia Ventures. The financing will be used to fund the company’s continued growth and further investments in its leading platform.
In the connected world of today, where people, processes, services and things communicate at higher pace and more frequently than ever, the technology landscape becomes very fragmented. This create high pressure on software companies to develop faster, to adapt to customer demands and at the same time be more cost-efficient.
iotcomms.io is responding to the change in the technology landscape by enabling software companies to integrate mission critical communication services in into their products and save development time and cost. This is a growing market and we are excited to support the company in its journey ahead.
We are very proud to be recognized for our thought leadership by Telia Ventures. Together we share the insight that software companies need to move to more modern ways of developing solutions.
iotcomms.io platform offers a flexible and cost-efficient way to integrate real time voice and video services into processes and solutions.
Our communication platform offers “Functions as a Service (FaaS)” from the cloud to software developers. With this approach software companies can shorten its time-to-market and focus on its core competences. We have high growth ambitions and our functions connect things, processes and people in multiple customer segments.
In the customer base of iotcomms.io there are large and established corporates, but also smaller solutions developers. Customers are both Swedish and international in multiple segments.
The company was founded 2018 in Stockholm and is developing iotcomms.io, a Communication Platform as a service (CPaaS) for mission critical voice and video communication.
Media inquiries
Gunnar Reinholdsen
gunnar@iotcomms.io
+46 72 240 9595
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ABOUT TELIA VENTURES
As the venture capital arm of Telia Company, Telia Ventures is looking for innovative ideas in consumer tech, enterprise software and network. Telia Ventures wants to partner with teams that have ambitions and capabilities to elevate products, services and how we connect in society in a secure and sustainable way.
ABOUT IOTCOMMS.IO
iotcomms.io, founded 2018 in Stockholm, is developing a serverless platform for real-time communications services. The platform is designed for mission-critical applications and attracts companies within sectors such as Healthcare, Alarm Industries and Telecom. With iotcomms.io, established and new solution providers get access to secure Alarm, Voice & Video building blocks, and can move fast to the market with a solution that scales serverless – both in size and globally.
