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Iris Technologies Raises $3 Million Seed Round, Introduces Communication Hub To Simplify Construction Project Management

Jul 20, 2022•about 3 years ago

Amount Raised

$3 Million

Round Type

seed

Grand RapidsReal EstateFinancial ServicesMobileSoftwareInformation Technology

Description

Iris Technologies announced today that it has raised an oversubscribed $3.2 million seed round and is launching the world’s first communication hub built for construction project managers and project engineers to simplify the complex communications that drive construction projects forward. The seed round is led by Resolute Ventures, with Animo Ventures, Long Journey Ventures, and Grix Venture Capital participating.

Company Information

Company

Iris Technology, Inc.

Location

35 OAKES ST SW

Grand Rapids, Michigan, United States

About

Iris Technology is the premier provider of reliable, low EMI tactical power systems for the US military.

 We also support commercial and strategic space operations with state-of-the-art radiation hard electronics, electro-optics, and cryocooler system components, including 2 space payloads in partnership with SDIO and NASA/JPL. Advanced technology methods proven for space products flow into the design of our tactical products. 

Our capabilities include large-scale production and integration of rugged DoD field power solutions, control electronics, secure communications and intelligence solutions, and imaging components. Other markets have also leveraged our expertise in mission critical scenarios. We have designed unique and inventive solutions to a variety of challenges in the Industrial and Life Science arenas. From the beginning, innovation has been in Iris Technology’s DNA. We remain agile and responsive, taking pride in delivering the most advanced, robust solutions to meet our clients’ and our partners’ most difficult challenges.

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