Pepper.io Nets Series B Funding & Launches New OS for Internet of Things
Pepper, the Kansas City Internet of Things (IoT) startup, announced that it closed $8.5 million in Series B funding. The investment came from Leawood Ventures, the KCRise Fund, and Royal Street Ventures, joining existing investors OpenAir Equity Partners and Comporium Communications. The announcement, reported in Fortune, ChicagoInno, IoT Tech News, and The Kansas City Star, coincided with the launch of Pepper’s operating system, Pepper.io, that powers the next generation of IoT and connected home services.
In the coming months, the Series B funding will play an important role in launching many consumer IoT products, including Pepper.io through global mass channels. argodesign, the product design and innovation firm, played an integral role in the strategy and design of the Pepper platform. Mark Rolston, founder of argodesign said: “Pepper is a platform for our partners to build great IoT products and services in the same way that iOS and Android enable a world of complex mobile solutions and in-demand content. First and foremost, we designed Pepper around a beautiful and flexible user experience because we want people to feel that their ‘Powered by Pepper’ products fit seamlessly and intuitively into their lives. It’s how technology should be, and we’re confident it will keep our customers coming back for more.”
This investment comes at a point when Pepper.io and strategic partner, argodesign, are deepening their existing relationship to build an ecosystem of “Powered by Pepper” hardware products and services for the IoT. This expanded partnership highlights an evolving role for argodesign’s consulting model: from a design firm with equity in startups, to a design firm that earns revenue from innovative products it designs in partnership with equity clients.