What does Blues do?
Blues specializes in secure wireless connectivity solutions for the Internet of Things, enabling organizations across transportation, health care, energy, and logistics to transform physical products into intelligent, data-driven services.
How much did they raise?
The company raised $25M in funding led by Sequoia Capital. Although the series was not specified, this investment marks a significant financial boost for the company.
What are their plans for the money?
Blues intends to use the funds to support its growth, accelerate product innovation, and empower physical product makers to harness cloud-connected machine intelligence, potentially reshaping customer experiences and reducing operational costs.
What have they achieved so far?
Blues has built a robust customer base across North America, Central America, and Europe, and has successfully integrated support for all major wireless standards in a plug-and-play format.