HomeFundingBerlin-based relayr Raises $2.3 million seed round with an eye on the...

Berlin-based relayr Raises $2.3 million seed round with an eye on the US market

IOT cloud service provider pioneers relayr have announced the completion of their seed funding, with a final investment of $2.3 million from US and Swiss investors (Update – May 2023: The startup seems to be no longer in business under this website, and we therefore deactivated the original link).

After completing a crowdfunding round last March and starting to shipping their product last August, this represents a significant success for relayr, the maker of WunderBar. This investment will be put towards expanding their presence in the US, with plans to establish a foothold in North America after having presented at workshops like DroidCon NYZ and World Maker Faire.

That said, relayr still also believes that Berlin is the best place to be, and will therefore also expand their technology and community teams and relocate to headquarters at Templehofer Ufer in the Berlin district of Kreuzberg. Such a change will allow further growth of the company, with a bespoke office space to develop both hardware and software.

The investment and the expansion plans come at a perfect moment for relayr; WunderBar, the first ‘app developer starter kit’ for IOT started shipping a month ago. Basically, this is a set of 6 essential hardware tools that software developers need to create apps for the Internet of Things. The set takes advantage of relayr’s OpenSensorCloud, which is an open, cloud-based solution for sending, receiving and sharing data from connected sensors.

Harald Zapp, CEO of relayr said: “I believe that this strong round of seed funding proves that relayr have the ability to democratise technology. We will do this by building the tools that developers need to create the next generation of the Internet of Things.”

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Marko Srsan
Marko Srsan
founder @TimePrepCFA, blogger interested in startups and VC along with social media and project management, a drummer and a passionate FC Bayern Munchen fan :)


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