AngelPrime Invests $500,000 in IoT And M2M Startup, Nimble Wireless

AngelPrime a seed-stage Venture Capital Fund based in Bangalore, has invested $500,000 in Nimble Wireless, a Chennai-based company specializing in IoT and M2M technologies. Nimble Wireless will use this funding to develop new technologies, expand research & development capabilities and also for marketing to enable faster growth.nimblewireless
Nimble Wireless helps customers to wirelessly connect, control and manage their remote assets. The company provides M2M and connected wireless products and cloud based software services encompassing Cellular, GPS, and Bluetooth and Zigbee technologies.
The partnership with AngelPrime comes at a stage where the company is working on launching its next generation products and solutions with more advanced features and technologies such as advanced environmental sensors, BLE, industry leading battery life, location accuracy and user friendly mobile & web applications.

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