Blues completed $32 million Series A Round funding
Sector:
IoT
01/05/2023
Boston, MA USA
Blues
completed $32 million Series A Round funding. Investors include
Positive Sum (lead), Four Rivers, Northgate Capital, Qualcomm Ventures, Sequoia Capital, Cascade Seed Fund, XYZ Venture Capital.
"Even in these difficult economic times, enterprises will not hesitate to invest in transforming their physical products to be capable of remote monitoring and control," said Ray Ozzie, Founder and CEO of Blues. "To date, connecting products to the cloud using cellular has been a time-consuming and expensive endeavor, fraught with risk. Complexity kills. Blues has taken a unique, developer-centric approach that simply eliminates complexity, from device to cloud, enabling products realistically to go from prototype to scale deployment in months instead of years."
About
Blues is a leader in secure wireless connectivity, helping organizations to transform their physical products and businesses to be centered on data and the delivery of data-fueled intelligent services. With customers across transportation, health care, energy, and logistics in North America, Central America and Europe, Blues is on a mission to empower innovation by making cloud-connected machine intelligence possible for organizations of any size.
With Blues, customers can easily and securely provision and communicate with any physical product, anywhere, enabling new sources of revenue and new customer experiences while also reducing costs. Blues solves the biggest challenges associated with wireless connectivity, making it easy to securely cloud-connect any physical product at scale.
Thousands of organizations worldwide, from non-profits to startups to enterprises, connect their devices with Blues integrated hardware, software, and cloud services.
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