Friday, April 24, 2015

Waygum Gets Strategic Investment Funding

Dublin, California-based Waygum, a developer of mobile applications for managing industrial, Internet-of-Things applications, has raised a strategic funding round. The funding came from insurer Hartford Steam Boiler. Size of the funding and details of the round were not announced. Waygum is working on Internet-of-Things software which it says can predict and prevent equipment loss and optimize business performance. Waygum was founded by Sundar Krish.