Iotic Raises $8.4 Million and Expands US Team

By Perry Cohen

Associate Editor

Embedded Computing Design

December 06, 2019

News

Iotic Raises $8.4 Million and Expands US Team

Iotic has secured investment of $8.4 million, and strengthened its management team in the US, to support its digital twin technology.

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

Perry Cohen, associate editor for Embedded Computing Design, is responsible for web content editing and creation, podcast production, and social media efforts. 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.

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