Infinite Devices
Scalytics AIoT is a Kubernetes based data integration and AI-Ops platform, designed to work in datacenter under highest compliance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Infinite Devices GmbH, established in Magdeburg, Germany, in 2018, operates as a developer of a cloud-native, scalable open-source AIoT platform. The company was founded by Alexandra Sarstedt and Alexander Alten-Lorenz. Bruno Kramm also appears as a founder of infinimesh and CEO of Infinite Devices. The legal entity, Infinite Devices GmbH, was incorporated on February 26, 2020.
The core of the company's offering is "infinimesh," an open-source platform designed to control, manage, and evaluate IoT devices and sensors. This platform integrates Artificial Intelligence with the Internet of Things (AIoT) to facilitate complex, decentralized tasks and provide device management, time-series-based statistics, and anomaly detection. It is built to be cloud-native, running entirely on Kubernetes, which allows it to be provider-independent and avoid vendor lock-in. The platform supports both high-level concepts like device shadows and low-level messaging, interacting via RESTful and gRPC APIs. It features a graph-based authorization system for detailed permission scoping. The technology finds applications in asset management and building security. Infinite Devices also offers AI audio and composition tools, aiming to be a comprehensive platform for creative and industrial clients.
The company targets the B2B sector with a Software-as-a-Service (SaaS) business model. It enables businesses to manage millions of IoT devices while ensuring data privacy and security. The platform is designed to connect to various external backends and cloud services, including Elastic, Redis, SAP Hana, Snowflake, AWS, GCP, and Azure. After facing financial difficulties due to delays in funding, the business operations of Infinite Devices GmbH were acquired by the newly founded Infinite AI Audio GmbH, led by Dr. Jochen Hanselmann, effective January 1, 2024. Prior to this, Infinite Devices had received venture capital funding, raising $1.42M from investors including bmp Ventures, BSC Partner, and IBG Beteiligungsgesellschaft Sachsen-Anhalt.
Keywords: AIoT, Internet of Things, open-source platform, Kubernetes, cloud-native, device management, sensor data, data security, asset management, building security, infinimesh, scalable IoT, multi-tenant IoT, Grafana, Redis, SAP Hana, Snowflake, AWS, GCP, Azure, M2M communication, IoT infrastructure, digital twin, MQTT, AI audio