IoT device management will become simple with Balena

by | Jul 25, 2019 | IoT News

The experts are predicting that by the time the world progresses to 2022, the number of connected devices in the world would be around 29 billion. Out of the 29 billion Internet of Things devices, 18 billion devices are going to be deemed as the Internet of Things subcategory.

There are a lot of arguments concerning the simplicity of the Internet of Things devices. By the looks of it, it would also seem a difficult task for most of the enterprises around the world. However, Alexandros Marinos is trying to make the management of the Internet of Things devices straightforward like the configuration of the PC peripherals.

On the other hand, Marinos is also the founder of The company provides state-of-the-art DevOps solutions to the devices in significant verticals ranging from robotics to manufacturing. The solutions range from building management all the way to transport. The company came into being in the year 2013; it is located in Seattle, Washington.

Through venture capital, the company did manage to attract around $9 million. Some of the notable investors are Ericsson, Threshold Ventures, Aspect Ventures, and Ericsson. As of now, Balena did acquire subsequent funding of around $5 million. On the other hand, it is also making its way towards the expansion, and flush.

During the series B fundraising round, Balena did acquire $14.4 million concerning OpenView as well as existing investors. Furthermore, the instilling would fuel the entire growth of its workforce, and it currently stands with 45 employees in its headquarters and satellite offices across Athens and London.

According to Marinos, billions of extremely complex devices come online. The project leaders of Internet of Things go through dual challenges alongside speed and safety. Moreover, the companies have to deliver cutting-edge functionality and software features directly with their customers. Significant titular platforms of Balena are building on Git, Docker, Yocto as well as other open source technologies.

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Neelam Dimri

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