Betting On IoT: 10 Startups That Landed Funding This Spring

Filament

Nevada-based Filament, a wireless industrial network provider, raised $15 million in a new round of funding.

The round, which was led by Verizon Ventures and Bullpen Capital, will allow the company to scale and enhance its platform with pinpoint GPS functionality and build out a wider ecosystem of partners.

Filament enables customers to build a connected business through its distributed software and firmware platform. Customers can use the platform for applications like smart vending and asset tracking.