What is ioTium?
ioTium, now operating under the Neeve brand, provides a comprehensive smart building platform designed to unify cyber-security, application deployment, and operational technology management. The platform addresses the complex needs of building engineers, facilities managers, and cyber-risk professionals by offering a suite of tools including Secure Link, Secure Edge, and Cloud BMS. By facilitating a seamless transition toward AI-integrated infrastructure, the company enables organizations in sectors such as healthcare, retail, and commercial real estate to transform physical spaces into intelligent, secure, and highly efficient environments. Its market position is defined by its ability to bridge the gap between legacy operational technology and modern cloud-based management systems.
How much funding has ioTium raised?
ioTium has raised a total of $23.1M across 4 funding rounds:
Series A
$8.4M
Series B
$13.6M
Debt
$350K
Debt
$750K
Series A (2017): $8.4M with participation from GE Ventures, March Capital Partners, and Juniper Networks
Series B (2018): $13.6M led by Hanna Ventures, Juniper Ventures, GE Ventures, Honeywell Ventures, March Capital Partners, and JC2 Ventures
Debt (2020): $350K supported by PPP
Debt (2021): $750K featuring PPP
Key Investors in ioTium
GE Ventures
General Electric is a global infrastructure and technology conglomerate that invests in industrial automation, grid solutions, and digital services to drive innovation across power, aviation, and healthcare sectors.
March Capital Partners
March Capital is a growth-stage venture firm that specializes in scaling enterprise technology companies into mission-critical global platforms through valuation discipline and strategic partnership.
Juniper Networks
Juniper Networks is a leader in high-performance networking and cybersecurity, focusing on AI-driven operations and cloud-integrated infrastructure to secure modern digital environments.
What's next for ioTium?
With the recent capital injection, ioTium is well-positioned to deepen its penetration into the smart building market. The strategic focus will likely center on scaling its AI-driven infrastructure capabilities and enhancing its cybersecurity offerings to meet the growing demand for resilient, automated building management. As the company continues to evolve, the emphasis will remain on delivering scalable, mission-critical solutions that empower enterprises to optimize operational efficiency while mitigating digital risks. Future growth will be driven by the integration of advanced analytics and the expansion of its partner ecosystem, ensuring that ioTium remains at the forefront of the digital transformation of physical infrastructure.
See full ioTium company page
