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i2E leads $1.34 million investment round in Digital Six Laboratories

    Home News i2E leads $1.34 million investment round in Digital Six Laboratories
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    i2E leads $1.34 million investment round in Digital Six Laboratories

    By sarah | News | 0 comment | 20 October, 2017 | 2

    October 19, 2017

     Contact: Sarah Seagraves,
    Senior VP for Marketing
    (405) 813-2403
    or sseagraves@i2E.org

    Digital Six Labs is a fast growing developer of engineered wireless ‘Internet of Things’ solutions and components for commercial and industrial markets.

    OKLAHOMA CITY, OK – i2E, Inc., recently led a $1.34 million investment round in Digital Six Laboratories, Inc., an Oklahoma City-based developer of engineered wireless software and components for commercial and industrial markets.

    Digital Six Labs’ premier product is the Whisker.ioTM, which incorporates proprietary, long-range technology that gives devices such as utility meters or manufacturing equipment the ability to wirelessly transmit critical information over long distances.

    The investment round included $675,000 from the i2E-managed Oklahoma Seed Capital Fund, along with $120,000 from the SeedStep Angels group, also managed by i2E. The seed round also included $550,000 invested by outside angel investors.

    “We are so pleased that i2E has led the seed round investment in Digital Six Laboratories,” said Steve Montgomery, Digital Six Labs founder and CEO. “We plan to use these funds to grow our sales and marketing efforts, boost our R&D capabilities, and expand our professional staff to deliver our cutting-edge IoT technology to an eager market while continuing to develop into the future.”

    The Oklahoma Seed Capital Fund is a state-appropriated investment fund managed by i2E through the Oklahoma Center for the Advancement of Science and Technology.

    The SeedStep Angels group was founded by i2E in 2009 and is now the state’s largest angel investment group with more than 50 members and chapters in Oklahoma City, Tulsa, Ardmore and Muskogee.

    About Digital Six Laboratories, Inc.

    Digital Six Labs’ platform, Whisker.io™, incorporates proprietary, long-range wireless technology that gives its devices the ability to transmit over long distances and operate for years from a single set of batteries. Whisker.io™ is comprehensive, customizable “Internet of Things” platform that provides customers with a high performance, low cost, low risk, and easy to use solution for almost any industrial or commercial wireless application. Steve Montgomery is founder and CEO. www.d6labs.com

    About i2E, Inc.

    With offices in Oklahoma City and Tulsa, OK, i2E’s nationally recognized services include business expertise and funding for Oklahoma’s emerging small businesses. i2E has more than $50 million of investment capital under management. www.i2E.org

     

    Digital Six Laboratories, Oklahoma Seed Capital Fund, SeedStep Angels, Steve Montgomery

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