iMatrix Systems has emerged from stealth with an initial round of angel funding exceeding $2 million to launch its SaaS iMatrix Cloud IoT solution, including a portfolio of wireless sensors.
iMatrix Systems is an IIoT solutions provider founded in 2018. The Nevada-based company’s cloud platform and dedicated sensors can be applied to markets in healthcare, residential and commercial buildings, restaurants and hospitality, critical infrastructure, hydroponics, soil monitoring, and management.
After emerging from stealth, the company has debuted the iMatrix Micro Gateway bridge to enable all wireless sensor configuration, control, monitoring, and analytics managed through the iMatrix proprietary cloud services. This technology leverages cloud services for monitoring and edge management for monitoring/management security solutions for agriculture, residential and commercial buildings, the emerging commercial cannabis industry, water and irrigation systems, heating/ventilation and air conditioning (HVAC) systems, and critical infrastructure.
“IoT and IIoT devices power our global economy with billions in revenue today and expect to reach $1.6 trillion by 2025”, said Greg Phillips, founder of iMatrix. “Currently, we’re nearing 30 billion IoT devices in use, with as many as 60 billion or higher by the close of 2025. These devices can do everything from monitoring ambient conditions, creating a home or corporate security system, remotely controlling our cars, and much more. And we believe the iMatrix suite of offerings is an ideal fit for the highest growth markets of this decade.
“We have spent the last two years building a team of amazing engineers building a massively scalable cloud sensor collection and tracking system. The well hierarchically structured and clean User Interface design provides the mobile and Web-based user with concise monitoring, configuration, including a sophisticated multi-layer notification system for alarm conditions”.
Target markets for iMatrix products include the temperature logger vertical, medical markets for the blood supply and biospecimen chain, restaurant, and hospitality for food and spirits, the shipping industry (in the temperature-controlled Cold Chain environment), home and health (including RVs, hotels, vacation homes), temperature loggers for business locations, and agriculture (including cannabis) and food supply chain.
You can find more information about iMatrix Systems and its emergence from stealth on its website.
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