Scriptr.io, one of the earliest companies to develop a managed service and enterprise IoT application marketplace, revealed March 16 that has closed the second and final round of the $5 million Series A funding led by Middle East Venture Partners (MEVP).
The closing includes the participation of San Francisco-based Endeavor Catalyst and Berytech Fund (BFII).
New York City-based Scriptr.io said it will use the funding to expand business operations in the U.S.
Scriptr.io claims that it enables enterprises to create and deliver IoT applications with reduced time-to-market and increased cost efficiency.
Scriptr.io combines agile application creation and a zero-DevOps managed service environment to power open, scalable, and secure IoT applications.
Scriptr.io said that it solves interoperability issues between enterprise applications and IoT-based service providers by offering a marketplace of pre-built vertical IoT applications and connectors to major IoT and enterprise systems.
As a robust, carrier-grade application engine supporting millions of enterprise users and 100+ applications, scriptr.io can be provided from a cloud-based infrastructure or as a fully-managed service delivered on premise or at the edge.
The platform enables users to access:
— a marketplace of more than a 100 connectors to IoT and enterprise platforms;
— more than 60 APIs that dramatically simplify developing applications; and
— a best-of-breed agile collaborative development and application creation environment
Scriptr.io continues to expand partnerships with leading IoT device management and application enablement companies along with IoT product distribution channels.
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