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Crosser raises €3 million to further advance its low-code streaming analytics platform for Industrial IoT

Gartner reports that low-code technologies will remain on a strong trajectory for 2021 and beyond, companies to rapidly build and deploy use cases without reliance on professional programmers. The complexity of IoT makes the skills barrier higher than in most other enterprise verticals. We like to argue that the value of low-code platforms is even higher for industrial companies, says Martin Thunman, CEO and co-founder of Crosser. With this financing round we aim to bring more innovative low-code solutions to the market, all aimed to help industrial companies move faster in their digitalization journey by putting the power of innovation in the hands of non-developers, often called citizen developers.

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