Stockholm, 10th March 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”, says Heikki Mäkijärvi, Head of Telia Ventures.

“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”, says Jörgen Björkner, co-founder of iotcomms.io.

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.”, says Gunnar Reinholdsen, co-founder of iotcomms.io.

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.

For further information please contact:

Gunnar Reinholdsen, +46 72 240 9595 (gunnar@iotcomms.io)