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IOTech logo — The Leader in Open Edge Computing

IOTech

The Leader in Open Edge Computing

Founded 2017 United Kingdom Newcastle Upon Tyne, United Kingdom 48 employees Venture round Total: $10.46M Cyber Security, Information Technology +1

General Information

Company Name IOTech
Founded Year 2017
Location United Kingdom Newcastle Upon Tyne, United Kingdom
Employees 48
Industries Cyber Security, Information Technology, Privacy and Security
Funding Stage Venture round
Social

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About IOTech

IOTech, headquartered in United Kingdom, is a leading provider of open edge computing solutions, aiming to make industrial data easily accessible, actionable, and manageable for the world's top industrial edge solution providers. Founded in 2017, IOTech's flagship product, Edge Central, is the industrial-grade version of EdgeX Foundry, which serves as the foundational platform for Industrial OT solutions adopted by leading Industrial OEMs, ISVs, and SIs across global vertical markets. The company's focus on Cyber Security, Information Technology, and Privacy and Security industries has generated significant interest from investors, with the most recent Venture Round investment secured on 29 August 2023, bringing in funds from notable backers such as Northstar Ventures, Dell Capital, SPDG, and Scottish Investment Bank. IOTech's commitment to open edge data platforms and comprehensive edge management positions it favorably in the rapidly evolving landscape of industrial edge computing.

Business keywords: Open Edge Computing, Edge Computing, Industrial IoT, EdgeX Foundry, Data Platform, IoT Connectivity, Edge Management, Real Time Data Acquisition, Cloud Connectivity, Smart Factory & Industry 4.0, Smart Energy, Smart Retail, Smart Buildings & Venues, Smart Transportation, Industrial Device Connectivity

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 4
Northstar Ventures Dell Capital SPDG
Northstar Ventures, Dell Capital +2
29 Aug 2023
Seed Round £460.00K 1
Northstar Ventures
Northstar Ventures
17 Mar 2022
Series A Undisclosed 1
Northstar Ventures
Northstar Ventures
06 Aug 2020
Series A $7.50M 4
Northstar Ventures Scottish Enterprise Dell Capital
Northstar Ventures, Scottish Enterprise +2
19 Nov 2019
Seed Round $2.50M -
12 Jun 2018

IOTech Alternatives & Competitors

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IOTech vs
Source
Source Switzerland

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IOTech vs
Springdel
Springdel Canada

Springdel is a leading MDM solution provider, powering mission critical IT and IoT device and applic...

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IOTech vs
LVT (LiveView Technologies)
LVT (LiveView Technologies) United States

MAKING THE WORLD SAFER AND MORE SECURE

Series B
619 employees
Cyber Security, Information Technology
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FAQ About IOTech

The Leader in Open Edge Computing
IOTech was founded in 2017.
IOTech is headquartered in Newcastle Upon Tyne, United Kingdom.
IOTech operates in Cyber Security, Information Technology and Privacy and Security. Its work centres on Open Edge Computing, Edge Computing, Industrial IoT and EdgeX Foundry.
IOTech has approximately 48 employees.
IOTech has completed 5 funding rounds, raising a total of $10.46M. The latest funding stage is Venture round.
Top alternatives and competitors to IOTech include Source, Springdel, LVT (LiveView Technologies), Titanium Industrial Security S.L., iSIMPlatform. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
IOTech and Source are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for IOTech, https://bouncewatch.com/company/iotech-1, updated 11 September 2024. When citing, please name BounceWatch and link this page.

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