Reply's internet-of-things fund has invested in rounds for energy intelligence technology developer Metron and temperature analysis startup Tag Sensors totalling $5.3m.
Breed Reply, the internet-of-things (IoT) investment subsidiary of systems integration and digital services provider Reply, provided an undisclosed amount of funding for two companies yesterday.
France-based industrial energy analytics technology provider Metron and Norway-based temperature-recording technology developer Tag Sensors together raised £3.75m ($5.3m) from Breed Reply and undisclosed additional investors.
Both companies deploy IoT technology in enterprise settings. Metron’s technology enables industrial operators to chart and analyse their energy usage, while Tag Sensors has created a label-sized sensor to monitor…
