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IoT startup Konekt has raised $1.3m for its M2M platform

IoT startup Konekt has raised $1.3m for its M2M platform

Konekt, a startup behind a toolkit that helps device manufacturers and Internet of Things service managers connect devices over mobile networks, has raised $1.3m in its latest round of funding.

The company’s pitch is that it provides end-to-end tools that allow developers to enable “full-stack” connectivity over mobile networks for Internet of Things devices, including a global SIM card to enable worldwide roaming, a fully managed cloud service to help broker and store data generated by those devices, and SMS-over IP for notifications – which the firm says provides more competitive pricing compared to SMS offerings deployed on traditional telecoms networks.

“Konekt is the missing link in the Machine-to-Machine and Internet of Things market,” said Konekt co-founders Ben Forgan, chief executive officer, and Pat Wilbur, chief technology officer, in a statement. “Previously, it has been expensive and inconvenient to connect devices to the internet via cellular connectivity. With Konekt, makers, OEMs and systems integrators of all sizes and levels of sophistication can now build devices that easily and securely connect to the Internet with cellular connectivity.”

“We are making enterprise grade tools, technologies, and connectivity options available at the consumer level. The consumerisation of enterprise technology is a tried and true model that has been applied successfully in other areas; we believe that there is a major opportunity for an M2M platform that simplifies the process and puts makers and developers first,” they added.

The funding comes as large networking incumbents like Ericsson and Nokia Networks look set to bolster their Internet of Things cred with updates to their M2M platforms, which are likely to be on display at Mobile World Congress in Barcelona next week.

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