Bekonix, a Sacramento, CA-based no-code SaaS company developing a platform to design and build smart-connected hardware-software products and IoT devices, announced a $1.3 million seed funding.
The round was led by Moneta Ventures, poised to accelerate the development of IoT devices.
Bekonix is poised to address some of the tough barriers to developing and adopting smart-connected technology and IoT by greatly reducing complexity, cost, and time-to-value.
This announcement comes after the general availability of the Bekonix platform. Early customers include independent innovators, commercial SMEs, and enterprise companies.
"With our 100% no-code platform, Bekonix is seeing success with innovators not only by making it faster and easier to make smart, connected IoT devices but in broadening the types and number of companies that can create deep-technology products," said Daniel Kaye, Co-Founder & CEO of Bekonix.
The 100% no-code Bekonix Platform uses a drag-and-drop approach to the development of hardware, software, and applications. It enables innovators and companies to prototype real use cases using off-the-shelf components quickly, iterate rapidly to market/customer feedback, and finalize their designs for production.
David Allen, Partner, Moneta Ventures will be joining Bekonix's board.
Company: Bekonix, Inc.
Raised: $1.3M
Round: Seed Round
Funding Month: September 2022
Lead Investors: Moneta Ventures
Additional Investors:
Company Website: https://www.bekonix.com/
Software Category: no-code SaaS solution for building IoT and smart devices
About the Company: Bekonix was founded in 2020 by Daniel Kaye, Ken Turcotte, Jyoti Das, Chris Davey, and Debbie English-Deason—a team of deep-tech serial entrepreneurs who have worked together for more than two decades developing disruptive, award-winning technology products. Bekonix is a no-code SaaS solution for building IoT and smart devices. Bekonix democratizes IoT by enabling the design and production of smart, connected IoT products through its no-code platform. Bekonix is the natural evolution of the team's experiences and challenges—allowing the individuals to become entrepreneurs, companies to be more competitive, and enterprises to innovate more efficiently. The Bekonix team is passionate about creating a new generation of tools to help people build smart and amazing high-tech products.
Source: https://www.prnewswire.com/news-releases/bekonix-no-code-saas-solution-for-building-iot-and-smart-devices-secures-1-3m-in-seed-funding-to-democratize-design-and-development-of-iot-301638260.html