Breed Reply Reports Good Results For Its 2017 IoT Investees

One of the world's leading investors in early-stage IoT businesses, namely Breed Reply, has announced a respectable result for is efforts over the course of last year. According to a recent press release, the investment company is currently invested in more than 18 different companies in the market and a third of those managed to gain more than $50 million in funding during 2017 - with the funds resulting from completed series A funding rounds. The company says those results show the value of its own business since preparing companies to gain further funding is a primary part of what it does.

With regard to the companies in question, those are reported to include those involved in cybersecurity, smart home, smart building, industrial, big data and IoT platforms segments of the industry. For example, CallSign is responsible for Intelligence Driven Mobile Authentication technologies which link A.I. to both identity and data beach protection. Another company backed by Breed Reply, which also did well during series A funding is Cocoon - which developed a single device to provide in-home security through sound and vibration sensing technologies. Meanwhile, enModius goes in a completely different direction with smart buildings, creating technologies that allow for monitoring, control, and internet connectivity of any "mains powered device." That's followed by Senseye, which offers predictive maintenance for industrial-level IoT implementations via a cloud-based solution in order to avoid downtime and reduce costs. WePredict has a similar offering, in the form of a what it calls a cost-effective and installation-free insights service. Effectively, the company offers predictive-analytics conducted over big data, providing companies with actionable insights. Finally, Zeetta Networks is an open platform for software designed networks delivered in the form of NetOS. Specifically, the company aims to enable smart cities and to help service providers and other enterprise industry participants to drive down networking costs without negatively impacting scalability or flexibility

Beyond those successes, Breed Reply CEO Emanuele Angelidis also revealed that the company is nowhere near done with its endeavors. According to Angelidis, the strong response to those IoT companies demonstrates that there is a clear demand for more and better IoT products to meet the needs of customers in both home and enterprise settings. Coming off of that response to its efforts, the exec says the company looks forward to helping to continue the rapid and accelerating expansion of the industry. That's something it hopes to accomplish through both its current investees and further investments as innovations come forward from new start-ups in the industry.

Copyright ©2019 Android Headlines. All Rights Reserved
This post may contain affiliate links. See our privacy policy for more information.
You May Like These
More Like This:
About the Author

Daniel Golightly

Senior Staff Writer
Daniel has been writing for AndroidHeadlines since 2016. As a Senior Staff Writer for the site, Daniel specializes in reviewing a diverse range of technology products and covering topics related to Chrome OS and Chromebooks. Daniel holds a Bachelor’s Degree in Software Engineering and has a background in Writing and Graphics Design that drives his passion for Android, Google products, the science behind the technology, and the direction it's heading. Contact him at [email protected]
Android Headlines We Are Hiring Apply Now