IoT Cloud Platform Wia Raises €750k in Seed Funding
by Startacus Admin
We like to think we can spot a winner here at Startacus HQ - and therefore we are delighted to announce that previous Startacus startup of the week Wia, have secured a rather impressive seed investment of £750k for their leading Internet of Things cloud platform.
The seed investment round of €750k came from Suir Valley Ventures, the entrepreneur-led venture capital fund, with additional funds coming from Enterprise Ireland.
Wia is a cloud platform that enables users to build a scalable and powerful backend to launch their Internet of Things solutions. This allows developers to create a fully fledged, production ready solution in just minutes without having to worry about server management, data replication and storage. Wia provides a vertically integrated offering incorporating management, data capture and storage, analysis, control, as well as the seamless integration of additional services and devices.
In line with its strategy to become a one-stop provider of IoT infrastructure, later this year Wia plans to launch its latest product which will incorporate the world’s first off the shelf IoT billing system.
Launched in 2015 (that's when we featured them on Startacus), Wia’s award-winning cloud platform is today used by developers in over 85 countries. In addition, Wia has partnerships in place with leading technology companies including Sigfox, PubNub and Twilio, and plans to expand to the US later in the year. Today’s seed investment will be used to fund Wia’s continued global expansion and further investment into R&D of its technology platform.
In recognition of its pioneering work, in 2016 Wia was selected to join Ireland's NDRC’s LaunchPad programme - an Irish Government funded agency that was established to invest in digital companies and startup teams with the potential to grow internationally.
Wia Founder & CEO Conall Laverty, had this to say about their investment news:
“We are thrilled to bring the experience and knowledge from Suir Valley Ventures as partners with us on a milestone in Wia’s journey. The Internet of Things, through which 
devices communicate with each other is playing an ever-increasing role in both corporate and domestic life around the world, and we believe our platform will take it to the next level”.
We are totally delighted for Wia and Conall, whom we meet with recently when they pitched at Digital DNA upSTART 2017 (the startup pitch competition hosted by Startacus that takes place at leading two-day Irish tech & digital event Digital DNA) and it's therefore extra sweet to share their fab news.
Congrats to Conall and the Wia team and we look forward to hopefully sharing more good news on this fab Irish startup going forward. Why not drop them a tweet to say congrats too.
Talking upSTART 2017 - you might want to read up about upSTART finalist KOMPAS - who were recently the awarded the overall winners of VISA's Everywhere Initiative at Money 20/20
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The InsurTech startup which covers the risk of non payment of invoices...
AO, the UK’s leading online-only household appliance and electrical retailer is looking discover and integrate startups with solutions that will help AO’s customers.
.jpeg)
Technology has transformed how people interact. We are on the cusp of an exciting new era in clinical communication, and a key shift in the empowerment of patients as a stakeholder in healthcare.
Exercise made fun thanks to this location-based strategy game for runners and walkers
The innovative Social Community App that's been created for those living & working with Dyslexia and ADHD...
Shuttout - The community-driven marketplace startup that's adding social value to photographs...
Dent Reality launches it's new AR wayfinding technology for shopping malls, airports, retailers and other venues, using virtual paths and arrows to help users find their way.
Aberdeen based startups and entrepreneurs take note - here's the lowdown on key startup support and help available where you are...
Here are seven kinds of educational courses that can take your abilities as an entrepreneur to the next level.
Here we’ll take a look at six ways you can get the most from your online advertising budget.
Published on: 2nd August 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- AO launches Innovation Lab to integrate online retail solutions 17th Apr 2019 AO, the UK’s leading online-only household appliance and electrical retailer is looking discover and integrate startups with solutions that will help AO’s customers.
- EDP searching for startups to join the Starter Acceleration Program 8th Apr 2019 EDP, one of Europe's major electricity operators is currently looking for startups for their new EDP Starter Acceleration Program.
- United Utilities launches Innovation Lab 2.0 21st Mar 2019 Leading UK water and wastewater company United Utilities has launched its second accelerator programme to help innovative businesses grow and develop their solutions through a collaborative approach.
- Northern Ireland startups sought for upSTART 2019 21st Mar 2019 Entries are now open for upSTART, Northern Ireland’s most exciting startup pitch competition which features an all-expenses paid trip to explore the New York tech scene for the winner.
