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Particle pitchdeck that raised the IoT company $40 million – Business Insider

To most observers, the Internet of Things (IoT) is a story of smarter things: fridges that tell you what to buy at the grocery store, lighting and climate control that anticipate user’s needs, or inter-connected machines that enable smarter and more efficient manufacturing.

Particle announced last month that it had raised a $40 million Series C funding round led by Qualcomm Ventures, the venture side of the $100 billion telecom hardware and superconductor company, and Energy Impact Partners, a cleantech investment fund backed by large utility operators. The round also included previous investors Root Ventures, Bonfire Ventures, Industry Ventures, Spark Capital, Green D Ventures, Counterpart Ventures, and SOSV, who have helped the company raise a total of $81.3 million to date.

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