In an attempt to digitally transform heavy industry, Jackson Bond and Paul Hopton and Harald Zapp, founded the German IoT middleware startup Relayr in 2013. Recently, the sale of the company to MunichRe was announced, in a deal worth $300m (€250M).
Based out of Berlin, with among others offices in Munich, Katowice, and Chicago, the 5-year old startup enables industrial companies to leverage the power of machine data – the internet of things – to transform their business, and guarantee their business outcome, through industrial-grade platforms.