Particle Raises $20 Million

Internet & IoT startup Particle announced it has raised $20 million in Series B financing. Spark Capital and Qualcomm Ventures participated in the round.

Particle is a scalable, reliable, and secure Internet-of-Things device platform that enables businesses quickly and easily to build, connect, and manage their connected solutions. Launched on Kickstarter in 2013 , Particle’s tools are now used by 70,000 engineers in more than 170 countries and are also being used by many Fortune 500 companies to develop and manage fleets of new IoT products. The company’s portfolio of products includes the Particle Cloud, a cellular IoT SIM card and data plan, and cloud-connected microcontrollers like the Electron and Photon. Particle was listed as one of Fast Company’s Most Innovative Companies of 2015 and has been featured in a number of Gartner reports on IoT solutions.