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Prescient Devices, Inc., a Boston, MA-based provider of SaaS based IoT solutions, closed a $2m financing round.
The round was led by Z5 Capital with participation from angels from the software, IoT, cloud services industries, and leaders from the Massachusetts Institute of Technology and the Harvard Business School.
The company intends to use the funds to expand its low-code IoT SaaS solution as well as ramp up sales and marketing programs.
Led by Andy Wang, co-founder and CEO, Prescient Devices provides a distributed low-code software platform that enables enterprise engineers, system integrators, and data scientists to build sensor-to-cloud IoT and edge computing solutions to deliver the next wave of innovation within manufacturing, smart buildings, energy, utilities, and intelligent transportation.
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BOSTON, April 26, 2021 /PRNewswire/
Prescient Devices, Inc. (PDI), a leading provider of SaaS based IoT solutions, announces today that it closed a $2 million round of financing to expand its Prescient Designer low-code solutions platform by addressing the rapidly growing IoT market across the industrial and enterprise space.
The round was led by
Z5 Capital and additionally fueled by a class of super-angels from the software, IoT, cloud services industries, and leaders from the Massachusetts Institute of Technology and the Harvard Business School. PDI will use the funds to expand its end-to-end, low-code IoT SaaS solution as well as ramp up sales and marketing programs.