IoT Startup Roambee Secures $4.1M in Funding

US headquartered Internet of Things (IoT) startup Roambee has secured a second round of funding $4.1 million with participation from Silicon Valley investors and the investing arm of Deutsche Telekom.

“Roambee’s fast-to-deploy-and-to-scale solution adds a strong value to our IoT partner ecosystem globally. Combined with T-Systems’ infrastructure and system integration expertise, we will now jointly enable and transform industries worldwide with IoT applications,” said Anette Bronder, Director of T-Systems’ Digital Division.

“Our partnership with T-Systems will give us the infrastructure and system integration expertise that is required to support clients worldwide. Our transporter agnostic product packed with real time alerts and actionable intelligence is driving efficiencies for our over 100 customers across sectors like pharmaceutical, consumer products, IT and logistics,” said Roambee CEO and Founder, Sanjay Sharma. Read the full article here.