Pacific Control Systems (PCS), IoT and machine-to-machine solutions provider, has invested $20 million in WSO2.
The company said executive chairman of PCS, Dilip Rahulan, will join the WSO2 board of members.
With this investment, WSO2 can meet the demand from professional developers for its comprehensive, open source middleware platform.
WSO2 is an open source cloud application development and middleware company which provides service-oriented architecture (SOA) solutions for building, integrating, managing, securing and analyzing companies’ APIs, applications, and Web services.
“WSO2 will use the growth financing to advance the worldwide delivery of next-generation middleware solutions that address new business and IT models fueled by APIs, IoT, mobile computing, and the cloud,” said Sanjiva Weerawarana, founder, CEO and chief architect of WSO2.
“Pacific Controls leveraged its revolutionary software platform Galaxy-2021 together with WSO2 to offer end-to-end enterprise cloud computing solutions to global customers,” said Dilip Rahulan.
In June, Dubai Silicon Oasis Authority (DSOA) signed an agreement with Pacific Controls Cloud Services (PCCS) for the adoption and delivery of their cloud services.
In April, National Bank of Fujairah PJSC (NBF) announced NBF Capital Limited raised AED 1billion on behalf of Pacific Control Systems LLC.