Deutsche Telekom Strategic Investments recently led the Series B funding round for Roambee, investing $3.1 million in the Santa Clara, California, Internet of Things (IoT) company.
In addition, Deutsche Telekom’s corporate customer arm, T-Systems, is partnering with Roambee to offer an IoT service to track goods and assets, globally. The service tracks shipments in-transit, and it’s offered via a pay-per-use business model.
Roambee provides its wireless sensor devices called “bees” and its cloud-based software, delivering predictive analytics and reports. And T-Systems provides its global infrastructure of data centers and cloud application expertise.
Roambee, which was formed in 2014, has raised $5.5 million in two rounds, according to Crunchbase. The company says it has more than 100 customers.
The startup’s partnership with DT marks a switch from its original relationship with Amazon Web Services (AWS). It will now be using its technology on DT’s Open Telekom Cloud. “Our customers are looking for a cloud that is both open and interoperable; an agnostic cloud that can augment with additional services, for instance from EMC or Cisco,” writes Roambee CEO Sanjay Sharma in a blog.
The startup’s Bees and software not only collect sensor data, but it also mashes in data from enterprise resource planning (ERP) systems and external data streams. “The Bees must also transmit the data to a cloud somehow,” writes Sharma. “Here, our customers are increasingly seeking secure, hybrid cloud infrastructures, which are also available globally, due to the possibly low latency. This is a value T-Systems provides.”
Its service can benefit a wide range of industries. For example, pharmaceutical companies can monitor the temperature and location of highly-sensitive goods through the entire shipment process.
DT and Roambee aren’t the first to use IoT to track shipments in transit. In November, the shipping company Matson closed its four on-premises data centers and moved all its applications over to AWS. With AWS, Matson’s customers use cloud-based applications to track their assets.
Comments