Rigado Secures $3 Million

Internet & IoT startup Rigado completed $3 million in seed financing. Three investors participated in the round, among them Oregon Angel Fund and Rogue Ventures.

Rigado is a custom electronics design company that provides low-power, wireless products with high-quality BLE modules, focusing on IoT and wearables. The company is the premier developer partner and preferred wireless connectivity platform for the GoPro developer program, which includes official reference designs, APIs, mobile SDKs, and developer tools and support.

The company revealed that it plans to use the cash to add new products to its IoT lineup and expand into Europe and Asia.