Losant, the provider of a platform designed to help developers build products for connected devices, has secured $4.5 million in one of the latest venture capital fundings for a US-based IoT business.
Since the beginning of 2012, 920 VC investors have participated in at least one of 674 deals for US-based IoT companies, according to the PitchBook Platform. Roughly 48% of the capital has gone to late-stage startups, with around 43% deployed in the early-stage category. So far this year, VC investors have participated in about $830 million worth of financings in the space, on track to pass last year's high-water mark of $1.1 billion.
Here are the eight most active VC investors in US-based IoT companies since the start of 2012, along with deal counts (excluding accelerator rounds):