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Semtech Backs myDevices For Commercialization of IoT Applications

January 17, 2017

Semtech has completed the investment of approximately $3 million in myDevices, an Internet of Things (IoT) solutions company that “simplifies the connected world.”

myDevices intends to use the proceeds from this Series A funding to advance the functionality of its Cayenne platform. Semtech and myDevices will collaborate to accelerate the prototyping and commercialization of smart IoT applications by providing a user-friendly platform to developers and organizations that connect sensors enabled by Semtech’s LoRa technology to private and public low power, wide area networks (LPWANs).

“The investment comes on the heels of myDevices’ one-year anniversary of launching our Cayenne IoT Project Builder and achieving the milestone of acquiring a community of over 120,000 developers,” said Kevin Bromber, CEO of myDevices. “With this partnership, Semtech and myDevices provides LoRa sensor manufacturers and LoRa network providers with the ability to bundle Cayenne for free with their product or service.”

“During the last 18 months, the global deployment of LoRaWAN-based networks has been proceeding at a rapid pace,” said Marc Pegulu, Vice President and General Manager of Semtech’s Wireless and Sensing Products Group. “In turn, the number of IoT applications being designed and prototyped is also accelerating and the need for a solution to connect sensors using LoRa technology quickly and easily is paramount. The Cayenne platform from myDevices provides a user-friendly solution for IoT companies that want to connect sensors and data intelligently.”

Supporting the LoRaWAN specification, the myDevices Cayenne software is being used in current and planned deployments of smart IoT applications and networks by the LoRa Alliance ecosystem.

Illustrating the ability to rapidly deploy commercial LPWAN and the ease in which fully functional real-world IoT solutions can be brought to market, this live, real-time demonstration is part of STMicroelectronics’ delivery of a personalized experience for their customers and partners attending CES. Key components of the demonstration include LoRaWAN-supported radio technology and automotive-navigation chips from ST, custom application dashboards from myDevices, and public LPWAN connectivity and services delivered by Senet. CES attendees can view the demonstrations at the myDevices IoT Creation Suite at Mandalay Bay and by invitation only to ST’s private demo suites.

“ST has enabled its STM32 microcontrollers and other relevant components to operate on the LoRa network,” said Bob Krysiak, Executive Vice President Global Mass Market and Online Marketing Programs and President Americas Region, STMicroelectronics. “ST’s leadership in Internet-of-things (IoT) solutions is enhanced by partnerships with market pioneers like Senet and myDevices and we’re leveraging that technology strength during CES 2017 to show a unique multi-target, LPWAN-based location-tracking application.”

LoRaWAN-supported radio technology: ST has integrated the LoRaWAN network stack into its STM32 Cube firmware infrastructure and will be installing its TESEO™ III automotive-navigation ICs into limousines transporting guests to multiple CES event locations around Las Vegas. GPS data will be converted to encrypted packets sent to LoRaWAN-supported radios for location tracking.

Public low power wide area network: The commercially available Senet network provides secure data transmission for the CES demo and is fully operational now to support IoT application development and commercial IoT solution rollouts throughout the Las Vegas area. LPWANs based on the LoRaWAN protocol are unique in their ability to handle devices in motion, making them the ideal technology for asset tracking and other mobile IoT applications. With broad experience in nationwide network rollout and the resources for rapid expansion, Senet deployed fully operational LPWAN coverage in Las Vegas in less than 30 days from start to finish. View Senet’s coverage map for commercial deployments throughout North America.

“As proven by the rapid commercial rollout of our network in Las Vegas, Senet is the only LPWAN operator able to deliver commercial grade LPWAN services at a low cost and with speed and scale across North America – ranging from 60 days or less for broad outdoor coverage and as little as a few days to a few weeks for indoor coverage,” said Will Yapp, Vice President of Business Development for Senet. “This collaboration with trusted partners ST and myDevices is yet another example of how businesses can gain valuable insights from actionable data that hasn’t been available until now.”

IoT Application enablement: Leveraging the asset tracking capabilities of myDevices’ Cayenne IoT project builder, individuals can visualize real-time and historical sensor data to display the locations of the limousines transporting guests. Within the context of this demo, the ability to examine and visualize data for business insight will help STMicroelectronics maximize its return on investment at CES.

“STMicroelectronics and Senet are members of our IoT Ready Program which enables device manufacturers and connectivity providers to integrate their products and services directly inside our Cayenne IoT Project Builder. Over 100,000 Cayenne developers can now drag-and-drop Senet and ST products and services directly into their IoT projects.” said Kevin Bromber, CEO of myDevices. “The collaboration involved with developing this real-time location tracking demonstration illustrates the speed in which partners within the LoRa Alliance can easily prototype and deploy complete IoT enterprise solutions. Our goal is to offer an offer an on-ramp for developers to quickly prototype and deploy real IoT and LoRaWAN solutions.”

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