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§ Private Profile · San Francisco, CA, USA
Provides IoT and AIDC solutions to boost productivity and efficiency for diverse industries, focusing on industrial IoT platforms.
Iotera Technologies Ltd provides Internet of Things (IoT) and Automatic Identification and Data Capture (AIDC) solutions, operating with a presence in various international markets, including a specialized entity in Indonesia. The company focuses on enhancing productivity and efficiency across diverse industries by offering comprehensive services such as local repair centers and flexible Service Level Agreements, ranging from 8x5 to 7x24 support. Its offerings cater to a broad spectrum of sectors, including government, manufacturing, security, healthcare, logistics, transportation, and retail. The Indonesian operation specifically manages a robust industrial IoT platform capable of handling hundreds of connected devices, facilitating operational oversight and data management. Iotera Technologies Ltd was founded in 2017; founder names are not publicly disclosed. The firm focuses on government, Manufacturing, Security, Healthcare, Logistics, Transportation, Retail.
Iotera has raised $1.0M across 1 funding round.
Iotera has raised $1.0M in total across 1 funding round.
Iotera has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in February 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2015 | $1M Seed | Clancey Stahr | 500 Global, 7BC Venture Capital, Accel, GoAhead Ventures, Long Journey Ventures, Practical Venture Capital, Rubicon VC, Sutter Hill Ventures, TNT Venture, Webb Investment Network, Brock Pierce, Erick Miller, Koen BOK, Mark Cuban, Scott Banister, Tobias Lutke, CrunchFund, Earlymarket, Startup Capital Ventures, String Ventures | Announced |
Iotera is a technology company specializing in Internet of Things (IoT) and Automatic Identification and Data Capture (AIDC) solutions, primarily serving industries like government, manufacturing, security, healthcare, logistics, transportation, and retail in Asia.[1] It provides hardware and integrated systems to boost productivity, reduce operational costs, and enable real-time tracking and automation, such as cargo sorting, taxi tracking, visitor management, and school bus systems.[1] Another entity named Iotera, formed in 2009 by founder Ben Wild, focuses on hardware solutions for connecting consumer IoT devices to the internet, aiming to eliminate inventory needs through seamless connectivity.[2][3]
The company positions itself as a pioneer in AIDC in Asia, capitalizing on the region's rapid IoT adoption with services like local repair centers and SLAs from 8x5 to 7x24.[1] Its projects demonstrate practical growth in high-tech applications across eCommerce, security, and transportation.[1]
Iotera Technologies Ltd emerged as a pioneer AIDC solution provider in Asia, focusing on transitioning legacy technologies to IoT amid the region's booming high-tech industries.[1] Specific founding details for this entity are not detailed in available sources, but it has established a strong presence through deployments like Hong Kong-Shenzhen cross-border coach tracking, Guangzhou taxi systems, and in-freight duty-free retail in Singapore and Malaysia.[1]
Separately, a U.S.-based Iotera was formed in 2009 by founder Ben Wild as a hardware manufacturer offering end-to-end solutions for consumer IoT device connectivity to the internet.[2] This backstory highlights early recognition of IoT's potential to transform inventory management and everyday monitoring, such as for parents tracking items.[3]
Iotera rides the global IoT wave, particularly Asia's leading adoption, where high-tech manufacturing drives myriad applications across logistics, retail, and security.[1] Timing aligns with IoT phasing out older AIDC tech, fueled by affordable hardware and corporate demand for efficiency in booming economies.[1] Market forces like cross-border trade (e.g., Hong Kong-Shenzhen eCommerce) and smart city needs (visitor tracking, traffic summons) favor its solutions.[1]
It influences the ecosystem by enabling scalable deployments in government and enterprise settings, accelerating IoT integration in transportation and healthcare, while the consumer-focused arm pushes hardware standards for everyday connectivity.[2][3]
Iotera is primed to expand amid escalating IoT demand in Asia's high-tech hubs, potentially scaling projects like tracking systems into AI-enhanced predictive analytics. Trends like 5G rollout and edge computing will amplify its connectivity solutions, evolving influence from regional pioneer to global IoT enabler—ushering in an era where real-time data eliminates inefficiencies, as its founders envisioned.[1][2][3]
Iotera has raised $1.0M in total across 1 funding round.
Iotera's investors include Clancey Stahr, 500 Global, 7BC Venture Capital, Accel, GoAhead Ventures, Long Journey Ventures, Practical Venture Capital, Rubicon VC, Sutter Hill Ventures, TNT Venture, Webb Investment Network, Brock Pierce.