IOTAS lands $8.5M to help apartment landlords install and manage smart home devices

IOTAS, a Portland, Ore.-based startup that helps landlords install and manage smart home devices, has raised $8.5 million. The Series A investment round was led by TELUS Ventures along with Liberty Global and Intel Capital.

IOTAS CEO Sce Pike said the company will use the money to scale its operations and invest in software to support utility and internet providers.