The startup offers an enterprise IoT application enablement platform that utilizes open communication standards for secure connectivity and real-time data management across multiple devices. This platform facilitates data collection, aggregation, and visualization, enabling clients to integrate both connected and non-connected devices efficiently.
Funding
$25M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Enterprises face challenges in efficiently integrating and managing data from diverse connected and non-connected devices, hindering their ability to gain real-time insights and create custom end-user experiences. Traditional methods often lack the scalability and flexibility required to handle millions of devices and adapt to evolving business needs.
Solution
Losant provides an enterprise-grade IoT platform that simplifies the process of building and scaling connected solutions. The platform offers a comprehensive suite of tools for connecting, visualizing, and automating devices and data, enabling real-time insights and actionable intelligence. Its low-code workflow engine facilitates the collection, centralization, and integration of data from various sources, while features like multi-tenancy, custom branding, and API integration allow for personalized end-user experiences. Losant's platform components work together to transform real-time data into custom end-user experiences.
Target Audience
The primary target audience includes enterprises across various industries, such as industrial IoT, OEMs, and telecom, seeking to build and scale connected solutions for asset tracking, condition-based maintenance, and industrial equipment monitoring.
Features
- Low-code visual workflow engine for rapid development of edge and cloud logic
- Multi-tenancy and access control for creating custom-branded user experiences
- Data visualization tools, including dashboards, batch analytics, and time-series database
- Device management and digital twin capabilities for modeling and managing device characteristics
- Edge compute functionality for deploying logic to edge devices and reducing reliance on connectivity
- Application templates and a template library for accelerating development
- Secure MQTT broker, webhooks, and integrations for data ingestion
- ISO 27001 certification and industry-standard security practices