Losant, the provider of a platform designed to help developers build products for connected devices, has secured $4.5 million in one of the latest venture capital fundings for a US-based IoT business.
Since the beginning of 2012, 920 VC investors have participated in at least one of 674 deals for US-based IoT companies, according to the PitchBook Platform. Roughly 48% of the capital has gone to late-stage startups, with around 43% deployed in the early-stage category. So far this year, VC investors have participated in about $830 million worth of financings in the space, on track to pass last year’s high-water mark of $1.1 billion.
Here are the eight most active VC investors in US-based IoT companies since the start of 2012, along with deal counts (excluding accelerator rounds):
1. NEA (23)
2. Intel Capital (18)
3. Kleiner Perkins Caufield & Byers (17)
T-4. True Ventures (13)
T-4. Right Side Capital Management (13)
T-4. GE Ventures (13)
T-7. Techstars (12)
T-7. Qualcomm Ventures (12)
PitchBook Platform users can view the full list.
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Article by PitchBook
