Cyberlightning announces $4.2m funding round, accelerating global growth of industrial IoT platform

CyberLightning

CyberLightning Ltd. has completed a US$4.2milion (€3.2milion) financing round, including commitments from Inventure, TEKES, the Finnish Funding Agency for Innovation, and EU sponsored funds. The company also announced the appointment of Inventure managing director Sami Lampinen to CyberLightning’s board.

CyberLightning works in the large domain of Industrial Internet of Things, big data and 3D Internet. Its end-to-end software platform CyberVille™ allows corporate customers to capture data from numerous sensors and measurement points, to analyze the captured data, and to present it in business intelligence dashboards. Introduced in May 2014, the platform provides organisations with a strategic tool to control complex sensor and machine networks using a simple interface on any mobile device. The funding round allows CyberLightning to accelerate growth and push its international expansion.

Sami Lampinen, managing director at Inventure comments: “Industries are exploding with data; there is huge and growing demand for versatile, global data capture and data mining to produce mission critical business info. We believe that CyberLightning can become the leading software vendor in the Internet of Things domain, simplifying complex data and providing organisations with valuable real-time insights.”

“By building on open-source, standards-based Internet technology and following a modular architecture approach, we are able to accommodate a very wide range of data sets and readily integrate with existing enterprise platforms and tools,” said Ville Mickelsson, CEO of CyberLightning. “This is giving us terrific traction, both with initial customers and in discussions with potential partners in the global IoT ecosystem.”

 

 

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