Cisco invests in Kii as the companies bring IoE platform and solutions to market
Kii, a Japan-based platform company enabling mobility and Internet of Things (IoT) solutions for global customers, has announced that Cisco Investments, Cisco’s corporate venture capital arm, is making an investment in Kii.
Kii Corporation’s global platform enables device manufacturers and Internet of Everything (IoE, Cisco’s preferred abbreviation for the Internet of Things) solution providers to create connected solutions with new data sources generated from IoT to be integrated into cloud service and analytics-driven application models in a wide range of IoE use cases.
WiFi/mobility data sources stream through the Kii Cloud, and can feed the Cisco mobile experience platform. With those additional data sources, Kii and Cisco can reportedly deliver complete data-rich experiences to customers, and create next generation digital experiences and offers over mobility.
“We are thrilled to have Cisco Investments sign on as an investor,” said Masanari Arai, CEO of Kii. “Cisco’s investment will help enable us to introduce our platform and various IoE solutions throughout the world and help us execute on the larger IoE vision.”
“Building compelling mobile and IoE solutions requires a multifaceted effort – and the backend platform is one of the key ingredients,” said Miyuki Suzuki, president and general manager, Cisco Systems G.K. “We believe our investment in Kii will help support the development of a platform that offers the ease of use, features and scalability needed to bring IoE solutions to market rapidly.”
Kii becomes the second company in Japan to receive a direct investment from Cisco Investments. “Cisco Investments continues to capture innovation in Japan with our investment in Kii,” said Hideaki Yajima, head of Corporate Development, Japan, Cisco Systems G.K. “Start-ups expanding into other markets are a key component of Cisco Investments’ strategy globally.”
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