AKUA raises $3 million Series Seed Financing for IoT Supply Chain Transformation Venture investors see potential to disrupt supply chain management to the benefit of cargo owners SAN FRANCISCO, CA --- AKUA, an IoT innovator leading the data-driven transformation of the global supply chain, announced it has raised $3 million in Series Seed funding. The investment round was led by San Francisco-based Crosslink Capital, with additional contributions from London-based Talis Capital and the San Francisco based Enterprise Security Syndicate. AKUA’s competitive momentum began with a highly successful evaluation under a US Department of Homeland [...]

BALTIMORE, May 9, 2016 /PRNewswire/ — AKUA LLC announced today that Parkinson Seed Farm has awarded AKUA a fixed price contract to provide cargo tracking and environmental monitoring of potato seed exports from the United States. The award is a result of a successful proof-of-concept trial conducted in early 2016 for shipments of potato seeds from Parkinson Seed Farm in Idaho, USA to a customer in Algeria. During the trial, environmental, tracking, and breach data were collected and evaluated to determine the effectiveness of AKUA’s Data-as-a-Service solution for temperature monitoring and cargo tracking. “Parkinson [...]

BALTIMORE, May 5, 2016 /PRNewswire/ — CyberPoint International has spun out its secure, Internet-of-things (IoT) cloud gateway platform solution into a separate company, AKUA. The new company’s initial markets are in logistics and the supply chain, where the IoT can greatly improve process efficiencies, control costs and lower security risks. AKUA’s multi-tenancy gateway architecture accelerates widespread IoT adoption by providing end-to-end data reporting and storage, thereby allowing users secured access to their data while limiting outsiders’ access. AKUA takes advantage of industry-standard data protocols and cybersecurity best practices to allow customers flexible access to [...]

BALTIMORE, May 2, 2016 /PRNewswire/ — CyberPoint International, LLC announced today that it has been awarded a fixed price contract by the Department of Homeland Security (DHS) Borders and Maritime Security Division (BMD) to participate in the Container Security Device Technology Demonstration for the US/EU Global Supply Chain Pilot Project. AKUA LLC, a subsidiary of CyberPoint, develops security solutions for customers in the logistics and supply chain markets. The pilot is being conducted to demonstrate a Shipping Information Pipeline, which can provide a generic publish/subscribe architecture in which shippers, logistics companies, and customs agencies [...]