Cloud Service Providers

  • BIG Data & Analytics
  • CLOUD
  • Data Center
  • IOT
  • Machine Learning & AI
  • SECURITY
  • Server
  • BlockChain
  • Virtualization
You are here: Home / IOT / IoTerop, a leading provider of security and management solutions for connected devices, raises €1.5 million

IoTerop, a leading provider of security and management solutions for connected devices, raises €1.5 million

October 31, 2019 by cbn Leave a Comment

IoTerop, a leading provider of security and management solutions for connected devices, raises €1.5 million

IoTerop, a leading provider of security and management solutions for connected devices, raises €1.5 million

IoTerop, a young French startup already leader in the development of technologies for the security and management of connected devices, has just raised €1.5 million in a first round of funding with Breega, Irdi-Soridec and Frédéric Salles.

IoTerop’s goal? Enhance its offer and accelerate its international growth.

Founded in Montpellier (France) at the end of 2016 by three former Intel employees; Hatem Oueslati, Jacques Bourhis and David Navarro, IoTerop develops innovative IoT technologies that enable manufacturers to build a new generation of secure, interoperable and remotely manageable solutions for connected devices.

Already one of the world leaders in OMA Lightweight M2M technology, IoTerop built a commercial-grade software development kit (SDK) based on the Lightweight Machine to Machine (LwM2M), IPSO and CoAP standards with a low memory footprint designed to manage, secure and control connected objects. This software solution, called IOWA, allows manufacturers to perform “over-the-air” updates of their devices, recover data in constrained environments, ensure interoperability and secure communications through cryptography and authentication features.

IoTerop meets the needs of companies and operators in all fields, from smart cities to logistics, transport and industry 4.0. Thanks to its IOWA and its IOWA PAAS platform, IoTerop is able to supply companies looking to deploy their connected objects on a large scale, with a secure end-to-end device management solution. Its cutting-edge technology has won over several major accounts in the connected industry, including Traxens, Itron, EDF, Ericsson, Matooma, Akka Technologies and Kerlink.

As regards its international expansion, IoTerop has already won over the world leader in Smart Meters based in the United States and has just signed a partnership agreement with ACCESS Systems in Japan that will enable it to accelerate sales in Southeast Asia.

The startup has received numerous awards for its technology, including the IoT Solutions World Congress Industrial Award, which it won alongside Intel, Nokia and Huawei. The IoTerop team is composed mainly of experts in embedded systems and telecommunications who are very committed to quality and the promotion of best practices in their sector. As a member of the Open Mobile Alliance SpecWorks, IoTerop actively participate in the development of IoT standards.

This first €1.5 million raise will enable IoTerop to further develop its technology, accelerate its expansion and increase its international sales, particularly in the United States and Japan, where IoT is experiencing very strong growth.

Hatem Oueslati, President of IoTerop, said:

“Thanks to this raise, we will be able to expand our technology footprint, strengthen our teams, increase sales and meet a growing demand for interoperability, security and remote management from manufacturers and operators in the fast-growing field of the Internet of Things”.

“In a short time, IoTerop has become a key player in the management of connected devices. Its innovative standardized solutions allow manufacturers not only to better control and manage the connected devices they deploy, but also to protect their data from the risks of hacking. There are few players in the sector today who are able to offer solutions that are so effective, versatile and easy-to-adopt. Breega is looking forward to working with IoTerop and supporting them in their conquest of international markets”. – Maximilien Bacot, Founding partner, Breega

“We are very happy to support IoTerop’s dynamic team in its international development. The technologies developed by the company are perfectly adapted to meeting the challenges of the IoT in the coming years, particularly as concerns security issues and remote reprogramming of objects. The founders have an international experience and reputation in their sector and we were convinced by their vision. We are confident that IoTerop will develop rapidly and become a leader in device management”. -Julien Sainte-Catherine, IRDI SORIDEC

“Managing and updating connected devices in order to diagnose and configure them is one of the major challenges that manufacturers will face in the coming years. Tools such as Teamviewer that exist in the PC world are not as yet deployed in the world of connected objects. IoTerop has understood this and developed their technology accordingly”. – Frédéric Salles, CEO, Matooma.

The post IoTerop, a leading provider of security and management solutions for connected devices, raises €1.5 million appeared first on IoT Business News.

Share on FacebookShare on TwitterShare on LinkedinShare on Pinterest

Filed Under: IOT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Archives

  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • March 2016

Recent Posts

  • The installed base of fleet management systems in Russia/CIS and Eastern Europe will reach 13.8 million by 2023
  • Intent-Based Networking is on a roll
  • The Network week in review: Dec 2- Dec 6
  • 5 Reasons Why CDOs May Ride the Next Wave of Leadership
  • View from the airport: AWS Re:Invent 2019

Recent Comments

  • Purefit Keto Reviews on Are PDUs Your Best Platform for DCIM Instrumentation?
  • https://gemcr.org/ on 10 Things You Should Know About Deep Learning

Categories

  • BIG Data & Analytics
  • BlockChain
  • CLOUD
  • Data Center
  • IOT
  • Machine Learning & AI
  • SECURITY
  • Uncategorized
  • Virtualization

Categories

  • BIG Data & Analytics (540)
  • BlockChain (161)
  • CLOUD (1,240)
  • Data Center (413)
  • IOT (425)
  • Machine Learning & AI (64)
  • SECURITY (520)
  • Uncategorized (429)
  • Virtualization (86)

Subscribe Our Newsletter

 Subscribing I accept the privacy rules of this site

Copyright © 2019 · News Pro Theme on Genesis Framework · WordPress · Log in