A year on from verifying $4.8M in Series A subsidizing, MOVUS, the designer of Industrial IoT sensor, FitMachine, has expanded the scale and reach of the organization.
MOVUS has expanded staff from 12 to 25, extended its R&D offices and focused on assembling its FitMachine remote IoT sensor in Queensland.
A year ago’s financing round by Blackbird Ventures, Telstra Ventures and Skip Capital has permitted MOVUS to move into universal markets, including the US by banding together with ALS Global.
MOVUS CEO, Brad Parsons stated: “It is inconceivably propelling to think about what we’ve accomplished in the previous a year since we got the speculation infusion.
“Conveying on these business-evolving objectives… affirms that we presently work with certainty with a game-changing ability that disturbs loafer occupants and conveys genuine incentive to our clients and accomplices.”
MOVUS clients incorporate in excess of 50 worldwide and provincial endeavors including Asahi Beverages, CSBP, and The University of Queensland.
To plan for the universal scale-up, MOVUS has effectively re-appropriated the agreement assembling of FitMachine to IntelliDesign, a Brisbane based modern sensor maker.
MOVUS has accomplished confirmations with the United States Federal Communications Commission (FCC) and CE in Europe.
Rick Baker, Co-Founder of Blackbird Ventures stated: “These accomplishments all consolidate to show undertaking scale and client esteem.
“We anticipate seeing what the following years bring for MOVUS and the IIoT business.”