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Oakridge International Limited develops Internet of Things (IoT) solutions, specializing in technology that allows smartphone users to intuitively connect with and control electronic devices. The company’s patented Auto Discovery Remote Control (ADRC) or RML technology aims to simplify interactions within smart environments, providing a universal mechanism for device management. This core capability enables non-technical users to effortlessly operate and integrate various electronic systems.
The company, originally known as Xped Limited, was co-founded in 2006 by Christopher Wood and John Schultz. Their foundational insight stemmed from the perceived complexity of connecting and managing diverse electronic devices, leading them to develop a simplified, user-friendly connectivity protocol. Christopher Wood’s prior experience included developing augmented GPS systems, showcasing a consistent focus on innovative technological solutions.
Oakridge’s solutions are utilized across multiple sectors, including healthcare, transportation, and industrial markets, where simplified device control offers operational efficiencies. The company’s vision is to foster a future where seamless and universally accessible interaction with smart devices is the standard. They aim to create a unified and intuitive ecosystem that lowers the technical barrier to entry for the Internet of Things for both consumers and enterprises.
Oakridge has 1 tracked investment across 1 company. The latest tracked deal is $25.0M Series B in Botkeeper in June 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2020 | Botkeeper | $25.0M Series B | Point72 Ventures | Ankona Capital, Audacious Ventures, Benchmark, BIP Capital, Bread And Butter Ventures, Deep Fork Capital, General Catalyst, GSR Ventures, High Alpha, Hustle Fund, Hyde Park Venture Partners, Jump Capital, Kickstart Fund, Kindred Ventures, Kleiner Perkins, Matchstick Ventures, Math Venture Partners, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, RRE Ventures, Wing Venture Capital, Anne Wojcicki, Louis Beryl, Gradient Ventures, Greycroft, Kellan Carter, Peak State Ventures, Republic Capital, Sorenson Capital |