Embedded Works Funding: How Much Did They Raise & Key Investors

How Much Did Embedded Works Raise?
Funding & Key Investors

Embedded Works, a technology solutions provider with 15 years of experience in IoT wireless technologies, has recently secured a major strategic investment, contributing to its total funding of $425K. The company's latest financing round, which closed on March 6, 2021, brought in $275K. This capital infusion underscores the company's established position in the market and its ongoing growth trajectory.

What is Embedded Works?

Embedded Works

Retail

Ecommerce Platforms

Embedded Works specializes in delivering advanced IoT wireless technologies, offering a comprehensive suite of products including LPWAN, WLAN, WWAN solutions, IoT data plans, GPS tracking devices, sensors, antennas, and accessories. They also provide computing equipment and networking solutions. The company primarily serves engineering firms and value-added resellers, assisting them in expanding their IoT portfolios. Their support extends to the selection of wireless components, cellular data plans, antennas, certification processes, and the provision of turn-key IoT solutions through their platforms, TrackingForLess and SensorWorks.

How much funding has Embedded Works raised?

Embedded Works has raised a total of $425K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$275K

Debt (2020): $150K with participation from PPP

Debt (2021): $275K led by PPP

What's next for Embedded Works?

As Embedded Works navigates its large-scale late-stage funding phase, this recent strategic investment is poised to accelerate its expansion in the competitive IoT market. The company is well-positioned to leverage this capital for further product development, enhancing its technological offerings, and broadening its market reach. Future initiatives will likely focus on solidifying its partnerships with engineering firms and value-added resellers, potentially exploring new verticals and strengthening its existing product lines like TrackingForLess and SensorWorks.

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