Bekonix, no-code SaaS solution for building IoT and smart devices, secures $1.3M in seed funding

Bekonix, a no-code SaaS company developing a platform to design and build smart-connected hardware-software products, and IoT devices, announced a $1.3 million seed funding round led by Moneta Ventures.

Bekonix is poised to address some of the tough barriers to the development and adoption of smart-connected technology and IoT by greatly reducing complexity, cost, and time-to-value.

The 100% no-code Bekonix Platform uses a drag-and-drop approach to the development of hardware, software, and applications, enabling innovators and companies to quickly prototype real use cases using off-the-shelf components, iterate rapidly to market/customer feedback and then finalize their designs for production.

This reduction in time to establish ROI reduces the cost and time-to-value for market-ready products and avoids expensive failures. With easy integration and the established IoT cloud backend platforms, the speed to value is drastically reduced.