Breed Reply, the internet-of-things (IoT) fund run by Italy-headquartered digital consultancy Reply, has agreed to invest undisclosed amounts in four UK-based startups.
Callsign has built a mobile app that authenticates users, allowing them to securely use mobile services without revealing their identities, while RazorSecure is a developer of software that monitors IoT devices and alerts users when a security breach takes place.
Iotic Labs has created an online space where data can be securely shared by devices, systems and people. Senseye has developed software that continuously monitors the condition of manufacturing equipment and warns in advance if a breakdown is likely to occur.
Emanuele Angelidis, Breed Reply’s chief executive, said: “We are delighted to announce the further growth and diversification of our dedicated IoT portfolio.”