Initial State Secures $2 Million for IoT Data Platform

“When we raised our first round of funding, it was to get us to a place where we could launch the product, and we did that. Now our goal is to really take advantage of the big, emerging market of Internet of Things,” CEO and Founder Jamie Bailey said. He continued, “We’re seeing explosive growth in Internet of Things and positioning ourselves to ride that wave up. … As Internet of Things grows, and as the value of data continues to grow, we’re positioning ourselves to grow right with that.” Read the full article here.