IoT management software provider Uhuru plans to file for an offering that would allow Salesforce, Mitsui, SoftBank, NEC and NGK Spark Plug to exit.
Uhuru, a Japan-based internet-of-things (IoT) technology developer that counts corporates Salesforce, NEC, Mitsui and SoftBank as investors, plans to launch an initial public offering in the UK, the Financial Times reported yesterday.
Founded in 2006, Uhuru has built an IoT orchestration platform called Enebular that securely manages the operation of large numbers of connected devices in tandem with each other while generating data on their operations. It generated approximately $35m in revenue in 2018 according to the FT.
The company…
