Ecommerce

Amazon Acquires Internet of Things Startup 2lemetry

Image Source: betakit

Image Source: betakit

For taking another step into the Internet of Things, Amazon has acquired Denver-based startup, 2lemetry, which has developed an enterprise-focused platform to track and manage IP-enabled machines and other connected devices. The amount of the deal is still undisclosed.

An Amazon spokesperson confirmed the acquisition to TechCrunch with a short statement, “I can confirm that Amazon has acquired 2lemetry and we look forward to continuing to support 2lemetry customers. Those customers include Honeywell, the Demeter energy group and First Mile, an office recycling service.

Founded in 2011, 2lemetry provides a middleware and development layer for companies looking to connect device data with core enterprise decision making systems like CRM, supply chain management, quality assurance and service. In January 2015, the company had secured a $4 million round from Salesforce Ventures.

Amazon had launched its Fire smartphone to fuel its e-commerce further, and since it has tried to expand its reach into offline commerce, this can be another area where 2lemetry’s technology would be useful.

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Amazon has made 49 acquisitions till date including the latest one and had invested in 28 companies including QwikCilver Solutions, Wikia, Yummy 77, Songza among others.

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