2lemetry Secures $4 Million in Funding, Launches IoT Product for Salesforce AppExchange

News provided by

2lemetry

Jan 09, 2015, 11:00 ET


Denver, CO (PRWEB) January 09, 2015 -- 2lemetry today announced it has secured $4 million in funding and also launched 2lemetry Integrate, on the Salesforce AppExchange with deep data and UI integration. The funding from Salesforce Ventures and several private investors will help expand 2lemetry’s support for the Salesforce Ecosystem. This is the second round of funding for the company, bringing the total investment to $9 million.

2lemetry’s solutions help enterprise companies transform their IoT data into powerful applications and actionable insights, ultimately giving them the ability to improve the efficiency of their operations, accelerate product innovation and proactively service their customers.

“Enterprise companies struggle with the noise generated from massive amounts of IoT data. We boil all that data down to manageable insights, and with 2lemetry Integrate, we bring that intelligence into Salesforce, so customers can quickly and effectively act on that data," said Kyle Roche, CEO/Co-Founder of 2lemetry. “Because we seamlessly integrate with Salesforce, companies can easily act upon the information in an environment that they’re already used to.”

“The Salesforce1 Fund empowers startups building transformative technologies that revolutionize how companies connect with their customers,” said John Somorjai, EVP of corporate development and Salesforce Ventures, Salesforce. “2lemetry’s innovative IoT technology extends the power of the Salesforce1 Platform and we are excited to help them accelerate their growth.”

2lemetry is a proven IoT platform that can interact with any system—offering fully customizable solutions with unmatched scale and speed. 2lemetry can handle the largest IoT implementations, both in terms of transaction volume and number of connected devices. Whether connecting wearables, sensors or devices in larger systems, 2lemetry enables enterprises to realize the value of their IoT data and applications.

Product Key Features:

  • 2lemetry Integrate extends the power and ease of 2lemetry’s IoT platform by fully integrating data with Salesforce. With deep integration, 2lemetry enables enterprise to quickly launch and manage their IoT applications.
  • Jumpstart your connections. 2lemetry Integrate jumpstarts the ability to connect enterprise device data to the Salesforce application platform.
  • Get up and running within an hour. 2lemetry Integrate saves weeks of development time.
  • Enterprise ready. 2lemetry Integrate is enterprise ready, and can easily scale to handle tens of thousands of transactions a second.

Additional Resources:

About Salesforce Ventures:
Salesforce Ventures - saleforce.com’s corporate investment group—invests in the next generation of enterprise technology to help companies connect with their customers in entirely new ways. Portfolio companies receive funding as well as access to the world’s largest cloud ecosystem and the guidance of salesforce.com’s innovators and executives. With Salesforce Ventures, portfolio companies can also leverage the expertise of the Salesforce.com Foundation to incorporate its 1-1-1 model of integrated philanthropy to make giving back part of their business model. Salesforce.com has invested in more than 100 enterprise cloud startups since 2009. For more information, please visit http://www.salesforce.com/ventures.

About 2lemetry:
2lemetry is an Internet of Things platform and technology company, and the only provider to specialize in a software-based approach with an open enablement platform. 2lemetry powers the connected enterprise, tying people, processes, data and devices together—transforming raw data into real-time actionable intelligence. For more information about 2lemetry, visit: 2lemetry.com.

Salesforce, Salesforce1 and others are trademarks of salesforce.com, inc.

Kirk Crenshaw, 2lemetry, http://2lemetry.com/, +1 (415) 857-2995, [email protected]