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DB4IoT: if you can measure it, we can store it
DB4IoT is database engine to store time-series data for the Internet of Things (IoT). There are thousands of companies that provide IoT devices and services or that use IoT devices in-house. They all have the same problem: How do I store massive amounts of IoT data and make it available instantly to my end users? Database Engine development is not a core competency of IoT providers so they want to outsource this huge problem. DB4IoT will solve this problem as a PaaS service for a small monthly fee per device.
IoT Providers charge between $5.00 and $50.00 per month per device. We will charge between $0.50-$5.00 per month. Our Value Proposition is very simple: for only 10% of revenue you can stop worrying about databases.
DB4IoT is database engine to store time-series data for the Internet of Things (IoT). There are thousands of companies that provide IoT devices and services or that use IoT devices in-house. They all have the same problem: How do I store massive amounts of IoT data and make it available instantly to my end users? Database Engine development is not a core competency of IoT providers so they want to outsource this huge problem. DB4IoT will solve this problem as a PaaS service for a small monthly fee per device.
IoT Providers charge between $5.00 and $50.00 per month per device. We will charge between $0.50-$5.00 per month. Our Value Proposition is very simple: for only 10% of revenue you can stop worrying about databases.
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Bob Lee
15+ years experience in the creation of geospatial visualization and database software, eCommerce platforms, with expertise in technology patents and SEO.
Eimar Boesjes
CEO. Serial Software Entrepreneur & Angel. Founded 5 companies, 10+ product lines, 15+ software patents. Successful exits to Visio (Microsoft) & Amazon.
Valuation
$4.5M
Funded over
1 round
Latest round
Seed (May 2015)
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