Twelve months on from securing $4.8M in Series A funding, MOVUS, the developer of Industrial IoT sensor, FitMachine, has increased the scale and reach of the company.
MOVUS has increased staff from 12 to 25, expanded its R&D facilities and committed to manufacturing its FitMachine wireless IoT sensor in Queensland.
Last year’s funding round by Blackbird Ventures, Telstra Ventures and Skip Capital has allowed MOVUS to move into international markets, including the US by partnering with ALS Global.
MOVUS CEO, Brad Parsons said: “It is incredibly motivating to reflect on what we’ve achieved in the past twelve months since we received the investment injection.
“Delivering on these business-changing goals…confirms that we now operate with confidence with a game-changing capability that disrupts laggard incumbents and delivers real value to our customers and partners.”
MOVUS customers include more than 50 global and regional enterprises including Asahi Beverages, CSBP, and The University of Queensland.
To prepare for the international scale-up, MOVUS has successfully outsourced the contract manufacture of FitMachine to IntelliDesign, a Brisbane based industrial sensor manufacturer.
MOVUS has achieved certifications with the United States Federal Communications Commission (FCC) and CE in Europe.
Rick Baker, Co-Founder of Blackbird Ventures said: “These achievements all combine to demonstrate enterprise scale and customer value.
“We look forward to seeing what the next twelve months bring for MOVUS and the IIoT industry.“
Movus has also teamed with the Advanced Manufacturing Growth Centre to offer cut-price sensors to local SMEs, as reported in @AuManufacturing news.
Picture: Movus/FitMachine starter kit
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