$4.6M to Connect Sensors to the Internet
Today, we’re announcing open access to a library of new reference designs for embedded engineers to accelerate their time to market, the launch of a Select Partner Program for energy and construction developers, and the completion of a $4.6M round of seed funding led by Blackhorn Ventures and Differential Ventures with participation from existing investors, Zetta Venture Partners, MongoDB Ventures and Lorimer Ventures. We’ve raised a total of $7.1 million to date.
This funding will help establish our IoT cloud platform more firmly with embedded engineers, and build toward the company’s goal of helping our customers solve the biggest problem in IoT infrastructure – untangling the messy middle between hardware and the cloud.
A fresh look at the biggest problem in IoT
Almost two years ago when Golioth announced our pre-seed funding, We asked ourselves, “How do you bring 30.9B devices online?”
This question still drives us today. Eventually, almost every device people use will be connected to the internet, no matter where we are or what we’re doing. Our vision is to enable builders to help get us there faster by connecting “sand” to the internet using our platform.
Today, Golioth empowers engineers to build secure, reliable, and flexible IoT infrastructure so they can connect devices and move from prototype to production in minutes, instead of months. And we’re excited to keep pushing this vision forward.
Solving for the right problems
When we started Golioth, we planned to be an omni-platform that worked with every standard and technology out of the gate. We quickly found out that we didn’t have to be everything for everyone. We could help engineers faster with a narrower focus and extend the platform as we went along.
More than anything else, engineers struggle with the complexity of connecting their sensors to the web. With limited resources, they must choose between getting a device connected to the internet, or creating a more useful device. And there’s not much time to consider if any of it is secure.
Our platform is focused on solving that problem. Golioth shortens the time from prototype to production and easily scales that process. This includes tooling and workflows for securing devices, sending software updates over the air, and routing data to the web, all critical problems every IoT developer needs to solve.
But getting devices online doesn’t start and stop with Golioth. To solve other critical problems developers are facing we’re partnering with leaders across the IoT ecosystem including components manufacturers, developer tools, cloud services, solutions partners, and others.
In short, engineers do better work, faster with Golioth.
Helping engineers get ahead with the right references
So what does “building faster” look like? It includes working with partners and companies to build a more resilient platform for industries including climate and energy, shipping and logistics, micromobility, building automation, and others. And with the IoT market expected to hit over $2.7T by 2028, engineers will need a lot of support.
To support embedded engineers in these areas, we created a library of free reference designs using our platform including:
- Trashcan Monitor
- Electric Power Monitor
- Greenhouse Controller
- Soil Moisture Monitor
- Air Quality Monitor
- Cold Chain Asset Tracker
Golioth’s tight integrations with companies like Nordic Semiconductor, Infineon, NXP Semiconductor, Ubidots and others, lets engineers build with better support, seamless integrations, and faster enablement for all types of projects. In particular we see increasing usage in cellular IoT, 5G, and Thread as the driving force for IoT applications that enable resource efficiency in use cases such as energy and utilities, environmental cases, micromobility and others.
As part of our seed announcement, we’ve launched a Select Partner Program, which will accept 15 new design partners building solutions for the energy and utility sector, and 15 design partners building solutions for the construction industry by June 1st. To learn more and apply to be a Select Design Partner, go here.
Looking forward to connecting more sand to the cloud, together.
Start the discussion at forum.golioth.io