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HomeInsightFunding Alert IoT startup Doppelio secures $1.2 mn in funding from Axilor, Mela...

[Funding alert] IoT startup Doppelio secures $1.2 mn in funding from Axilor, Mela Ventures

Axilor Ventures and Mela Ventures have invested $1.2 million in Doppelio, a provider of a test automation platform for the Internet of Things (IoT).

Axilor Ventures and Mela Ventures have invested $1.2 million in Doppelio, a provider of a test automation platform for the Internet of Things (IoT).

Doppelio was established in 2019 by Gaurav Johri, Sharmila Saha, and Rajesh Kathirvelu. The company collaborates with clients across a variety of sectors, including automotive, industrial engineering, manufacturing, and connected products, as per reported by BW Disrupt.

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“The response we are getting from large global enterprises validates that we are solving an important problem for these companies. As connected products proliferate in the coming years, we expect Doppelio to become a critical piece in the IoT ecosystem,” said Johri, CEO at Doppelio. “We are excited to have Mela and Axilor as investors and this funding will deepen our investments in the product and go-to-market.”

Organizations must ensure that their products operate smoothly, reduce the occurrence of product recalls, and, above all, avoid any adverse effects on users, given their substantial scope.

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Despite being a critical aspect, lab testing of IoT applications is a time-consuming and costly process, and it may still not be sufficient. As a result, this can increase the time required to bring products to market and elevate the risk of failure for connected solutions.

“Doppelio has identified a relevant and complex global problem and found a simple and impactful solution that can deliver value instantly. I am excited with the traction Doppelio is getting and confident they are on a path to becoming the category leaders in this space,” said Krishnakumar Natarajan, managing partner at Mela Ventures.

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According to a statement from the company, Doppelio provides a solution for testing IoT applications that do not rely on physical devices. Through its device virtualization, simulation, and test automation capabilities, clients can conduct comprehensive testing quickly and reduce their reliance on field trials.

About Doppelio

Functional, Performance, Scale, Network, and Regression testing can all be done on the same platform, Doppelio. Software and hardware teams can efficiently operate in parallel with Doppelio without handoffs or delays. Testing on physical devices can be difficult and time-consuming, but with Doppelio, testing can be done quickly with on-demand scalability.

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