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    Tech Deal: IoT Marketplace Provider Scriptr.io Closes $5 million Series A

    Written by

    Chris Preimesberger
    Published March 16, 2017
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      Scriptr.io, one of the earliest companies to develop a managed service and enterprise IoT application marketplace, revealed March 16 that has closed the second and final round of the $5 million Series A funding led by Middle East Venture Partners (MEVP).

      The closing includes the participation of San Francisco-based Endeavor Catalyst and Berytech Fund (BFII).

      New York City-based Scriptr.io said it will use the funding to expand business operations in the U.S.

      Scriptr.io claims that it enables enterprises to create and deliver IoT applications with reduced time-to-market and increased cost efficiency.

      Scriptr.io combines agile application creation and a zero-DevOps managed service environment to power open, scalable, and secure IoT applications.

      Scriptr.io said that it solves interoperability issues between enterprise applications and IoT-based service providers by offering a marketplace of pre-built vertical IoT applications and connectors to major IoT and enterprise systems.

      As a robust, carrier-grade application engine supporting millions of enterprise users and 100+ applications, scriptr.io can be provided from a cloud-based infrastructure or as a fully-managed service delivered on premise or at the edge.

      The platform enables users to access:
      — a marketplace of more than a 100 connectors to IoT and enterprise platforms;
      — more than 60 APIs that dramatically simplify developing applications; and
      — a best-of-breed agile collaborative development and application creation environment

      Scriptr.io continues to expand partnerships with leading IoT device management and application enablement companies along with IoT product distribution channels.

      For more information, go here.

      Chris Preimesberger
      Chris Preimesberger
      https://www.eweek.com/author/cpreimesberger/
      Chris J. Preimesberger is Editor Emeritus of eWEEK. In his 16 years and more than 5,000 articles at eWEEK, he distinguished himself in reporting and analysis of the business use of new-gen IT in a variety of sectors, including cloud computing, data center systems, storage, edge systems, security and others. In February 2017 and September 2018, Chris was named among the 250 most influential business journalists in the world (https://richtopia.com/inspirational-people/top-250-business-journalists/) by Richtopia, a UK research firm that used analytics to compile the ranking. He has won several national and regional awards for his work, including a 2011 Folio Award for a profile (https://www.eweek.com/cloud/marc-benioff-trend-seer-and-business-socialist/) of Salesforce founder/CEO Marc Benioff--the only time he has entered the competition. Previously, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. He has been a stringer for the Associated Press since 1983 and resides in Silicon Valley.
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