The platform combines signals from connected sensors into a single operational system for managing security incidents across homes, commercial properties, construction sites and critical infrastructure. Investors in the round include High-Tech Gründerfonds, Bayern Kapital, Pact, Haufe, Robin Capital and strategic business angels.
The company plans to use the €5.5 million to expand its team in Germany, further develop its platform and prepare for growth in the critical infrastructure market, as well as expand into additional European markets.