Connected IO Limited announced that it has received AUD 0.750694 million in funding

Connected IO Limited is a wireless technology innovator and manufacturer operating in the Internet of Things (IoT) sector. The Company is in the business of providing IOT services and products in the Australasia region via the supply of consultancy services and related hardware products. It specializes in machine to machine (M2M) connectivity, providing hardware and software solutions to various companies. Its software solutions also include a customized cloud management interface and a variety of support services. Its product categories include routers and modems. Its routers provide a fourth generation (4G) LTE wide area network (WAN)-side link and local area network (LAN)-side connectivity via ethernet and/or Wi-Fi. Its modems connect a specific device to the LTE network. The Company’s solutions include failover, point of sale, digital signage, energy management, security and surveillance, kiosks, monitoring and control, telehealth, and vending machines, among others.