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Iotic Raises $8.4 Million and Expands US Team

December 6, 2019 Perry Cohen

Iotic has secured investment of $8.4 million, and strengthened its management team in the US, to support its digital twin technology, which enables enterprises and their ecosystems to interact securely. The secure operating environment and tools can create digital twins of anything, enabling secure interaction and building of true interoperable ecosystems.

Iotic has expanded its North American operations based out of Raleigh, North Carolina, with Hans Weinberg, previously CIO at ABB, North America, named as COO, while Kathy Reppucci joins Iotic from IBM as VP of Marketing. The company’s longer-term vision is for interoperable Twins and their Event Streams to be incorporated into every single technology stack, enabling companies' data to integrate more easily at the Cloud or enterprise level.

www.iotic-labs.com

About the Author

Perry Cohen, associate editor for Embedded Computing Design, is responsible for web content editing and creation in addition to podcast production. He also assists with the publication’s social media efforts which include strategic posting, follower engagement, and social media analysis. Before joining the ECD editorial team, Perry has been published on both local and national news platforms including KTAR.com (Phoenix), ArizonaSports.com (Phoenix), AZFamily.com, Cronkite News, and MLB/MiLB among others. Perry received a BA in Journalism from the Walter Cronkite School of Journalism and Mass Communications at Arizona State university. He can be reached by email at <a href="mailto:perry.cohen@opensysmedia.com">perry.cohen@opensysmedia.com</a>. Follow Perry’s work and ECD content on his twitter account @pcohen21.
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Iotic Raises $8.4 Million and Expands US Team

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