Seekcy, a supplier of Internet of Things (IoT) products and solutions in SIP, raised tens of millions of yuan from a Suzhou-based investor in the recently concluded Pre-A funding. 

Founded in 2014, the company currently owns two branches dedicated to developing and manufacturing IoT-related high-precision indoor and outdoor positioning and monitoring systems. Its products are now in service in more than 3,000 large-scale projects home and abroad.  

The company revealed that the fund they raised will be used to upgrade its technologies to better support chemical engineering projects, and expand its business coverage to help expand application of IoT in medical services, elderly care, public security and other fields.