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ReadWrite Labs has raised $5.0M across 2 funding rounds.
Key people at ReadWrite Labs.
ReadWrite Labs has raised $5.0M in total across 2 funding rounds.
ReadWrite Labs operates as a market intelligence and advisory firm dedicated to the Internet of Things (IoT) economy. It delivers updated landscape maps and expert insights across diverse IoT sectors. The company functions as a comprehensive analyst, tracking the ecosystem of companies and advancements to provide authoritative perspectives on emerging technologies.
Established in 2013, ReadWrite Labs was founded on the insight that the rapidly expanding IoT sector demanded specialized market mapping and actionable intelligence. This understanding enabled the company to guide stakeholders through the fragmented landscape of connected devices, identifying critical trends and strategic opportunities.
The firm serves businesses and industry experts needing deep market understanding. ReadWrite Labs empowers decision-makers through rigorous analysis and strategic perspectives. Its vision is to be the authoritative source for IoT market intelligence, accelerating impactful products and solutions globally.
ReadWrite Labs is the world's leading Internet of Things (IoT) accelerator, based in San Francisco, focused on accelerating startups in the IoT and connected devices space.[1][2][4][5] It redefines startup acceleration by helping companies build ecosystems that connect partners, foster developer communities, and deliver seamless consumer experiences, moving beyond standalone products to the "Connected You."[1][5] Formerly known as Wearable IoT World Labs, it connects people, companies, and financing to grow the Business of Things, with a portfolio of startups and a network of mentors; it was ranked among Forbes' Top 7 accelerators.[1][4]
As an accelerator rather than a traditional investment firm or portfolio company, ReadWrite Labs emphasizes mentorship, resources, and global network access in sectors like IoT, software development, automotive, and transportation.[2][6] Its impact on the startup ecosystem includes powering IoT innovation, enabling overseas startups to scale in Silicon Valley, and supporting ecosystem-building for thriving developer communities.[1][6]
ReadWrite Labs emerged from the rising IoT revolution, positioning itself as a pioneer when standalone products began giving way to interconnected ecosystems.[1][5] Formerly Wearable IoT World Labs, it evolved to focus broadly on the Business of Things, accelerating growth by linking founders with financing and expertise.[4] Specific founding year and key partners are not detailed in available sources, but its San Francisco base and recognition as a top accelerator by Forbes in 2015 highlight early traction in attracting global startups.[1][2]
The accelerator ties into the broader ReadWrite brand, founded in 2003 as ReadWriteWeb by Richard MacManus, which shifted to cover IoT news, analysis, and communities for builders and developers—providing a media and ecosystem foundation for the Labs' acceleration model.[3][7]
ReadWrite Labs rides the IoT and Connected World trend, capitalizing on the shift from isolated devices to interconnected ecosystems amid global connectivity advancements.[1][3][5] Timing aligns with the IoT revolution capturing imaginations worldwide, fueling demand for seamless experiences in automotive, transportation, and beyond—market forces like rising developer communities and "Business of Things" financing needs play to its strengths.[2][4][7]
It influences the ecosystem by accelerating startups that power thriving networks, democratizing Silicon Valley access for international founders, and amplifying IoT discourse through its ReadWrite media roots—shaping how builders map the programmable world.[1][3][6]
ReadWrite Labs is poised to expand as IoT ecosystems mature, potentially deepening focus on edge computing, AI integration, and sustainable connected devices amid 5G/6G rollouts. Trends like developer-led innovation and global supply chain connectivity will propel its portfolio, evolving its influence from accelerator to key IoT ecosystem orchestrator. With its foundational role in eclipsing standalone products, it remains essential for startups building the next wave of the Connected You.[1][4]
ReadWrite Labs has raised $5.0M across 2 funding rounds. Most recently, it raised $5.0M Series U in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2016 | $5M Series U | — | Tsvc Capital | Announced |
| Oct 1, 2014 | $45K Seed | — | 7percent Ventures | Announced |
Key people at ReadWrite Labs.
ReadWrite Labs has raised $5.0M in total across 2 funding rounds.
ReadWrite Labs's investors include TSVC Capital, 7percent Ventures.