ihiji announced today it raised $1.8 million in new capital. The Austin-based company will use the Series A funding for new product development to help manage the “Internet of Things” (IoT). The round was led by Jopeko, LLC, with participation from Capital Factory, Silverton Partners, Floodgate Capital and others. Joseph Kolchinsky will also joined ihiji’s Board of Directors.
“Since ihiji’s inception in 2009 we’ve been focusing diligently on the IoT market and currently have a number of new products in the development process," Stuart Rench, ihiji CEO, said in a statement. "As the market continues to mature and demand increases, this new investment will help expand our engineering team, allowing us to deliver these new solutions to the IoT technology professional even more quickly.”
ihiji is a start-up Network-Management-as-a-Service (NMaaS) company supported by the Austin Technology Incubator (ATI). They're currently hiring for several positions.
"If you're looking for a challenging, open, collaborative and growing startup ihiji is for you," Mike Maniscalco, co-founder at ihiji said. "We're looking for smart and motivated engineers to join our growing team!"
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