In a recent announcement, Pepper, an IoT platform and service provider, has made public its concluded Series B investment round of $8.5 million from Leawood Ventures, the KCRise Fund, and Royal Street Ventures, who joined pre-existing investors OpenAir Equity Partners and Comporium Communications. Pepper also launched its Pepper IoT operating system, designed to power a new generation of IoT and connected home services.
The Series B financing will support the launch of several consumer IoT products to include the Pepper OS launching through global mass market channels in the coming months. Pepper continues its partnership with design firm argodesign, a product design consultancy and growth partner, which has been working on the strategy and design of the Pepper platform.
“It’s exciting to have an elite team of investors as well as our world-class design partner argodesign on board to help make our vision a reality,” said Scott Ford, CEO, Pepper. “Our goal is to put the user experience at the center of the Internet of Things. With dozens of connected devices invading each of our lives, we need a way to manage our connected lifestyles in a way that’s easy—but also takes advantage of the interoperability across IoT devices and services. We work with large, global enterprises to develop human-centered IoT experiences—from use cases that involve single devices to complex, holistic solutions like home automation and security.”
With the unveiling of the new Pepper brand and platform, the company seeks to serve the IoT and connected home markets.
Pepper Enterprise
Pepper Enterprise partners are companies like insurance carriers, utilities and telecom providers that are developing services that incorporate strategic IoT and connected home solutions.
Powered by Pepper
Partners in the Powered by Pepper program leverage IoT technologies to grow business while seeking to avoid the overhead in software development, operations, and maintenance.
“The Pepper team has developed an innovative way to provide a customizable interface in a simplified IoT platform,” said Karl Gemperli, Managing Partner, Leawood Ventures and former CEO, IoT firm Elecsys Corp. “We are excited to partner with Pepper to launch their platform, which provides the best-in-class customer experience solution for a wide variety of IoT use cases.”
Edited by Alicia Young
