The internet-of-things orchestration platform developer will use the funds from the Deutsche Telekom-backed round into product development and sales.
Israel-based internet-of-things (IoT) technology startup Axonize has raised $6m in series A funding from investors including telecommunications firm Deutsche Telekom.
Meron Capital led the round, which was also backed by fellow venture capital firm Cornerstone Venture Partners and VC fund StageOne Ventures. The latter two had previously supplied $1.5m in seed capital for the company in early 2016.
Axonize has created a software platform that helps developers and managers of IoT applications on the Microsoft Azure cloud computing platform grow…
