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IOTech Systems

IOTech Systems

Private
Newcastle upon TyneFrontier & Industrial Techhttps://iotechsys.com/

Last Round

Growth Equity

Aug 29, 2023

Total Funding Raised

$10M

Company Overview

IOTech Systems is an industrial software company that provides an open edge data platform for developing, deploying, and managing industrial edge applications at scale.

Sector

Frontier & Industrial Tech

Verticals

Edge Computing, Smart Manufacturing, Smart Buildings, Data Integration, Energy Management

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Infrastructure

Keywords

edge computingindustrial internet of thingsIIoTIIoT platformedge softwaredata connectivityedge orchestrationreal-time edgeindustrial automationedge AIindustrial gatewaydevice managementsmart buildinginteroperabilityedge-to-cloud

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IOTech Systems Comps

Public and private peers based on sector, stage, and business model.

IOTech Systems comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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IOTech Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityAug 29, 2023
Series ANov 19, 2019
SeedJun 12, 2018

Key People

Founding team and executive leadership

Anna Duong

CTO, Co-Founder

Founding Team

Brad Corrion

Chief Technology Officer

Executive Team

Michael Brothers

Field CTO

Executive Team

IOTech Systems Investors

Notable investors and investment history

IOTech Systems investors
InvestorRounds
Innovate UKSeed
Dell Technologies CapitalSeed, Series A, Growth Equity
Northstar VenturesSeries A, Growth Equity
Société de Participation et de GestionSeries A, Growth Equity
Scottish Investment Bank (Scottish Enterprise)Series A, Growth Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 23, 2025

    Edge Central 4.0 released to meet industrial AI data demands.

  • Jun 12, 2018

    $2.5M round with Dell Technologies Capital and Innovate UK.

IOTech Systems Filings

SEC and related filings with document metadata.

Data table
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IOTech Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNewcastle upon Tyne
Employee Range50
Year Founded2017
Last FundingAug 29, 2023

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