Roambee adds $3.1M and a partner to help businesses monitor assets in real-time

Roambee adds $3.1M and a partner to help businesses monitor assets in real-time. get in the way of its mission to take the pain out of asset monitoring for businesses. The startup just closed a $3.1 million strategic investment from Deutsche Telekom Strategic Investments and secured a partnership with the group’s corporate customer arm, T-Systems, whose global infrastructure will support expansion. Asset monitoring is really just a fancy way of saying, keeping tabs on your things. Instead of a Tile, Roambee offers businesses a more technical hardware and software solution for the aforementioned supply chain insights and condition monitoring of in-field assets. That became infeasible real quick as the team was spending an unrealistic amount of time swapping components in and out of its monitoring devices. Power management is particularly important for shipping because logistics companies often place restrictions on batteries for safety and clients need to have their assets monitored, without downtime, for the duration of a job. But, despite the now proprietary technology, the sensors are the least-valuable part of what Roambee is offering. IoT devices with their humidity tracking, temperature readings bells and whistles have mostly become commoditized at this point — the key is in the software that sits on top. “We are looking at new ways of prediction,” added Sharma.