ulalaLAB

company

About

ulalaLAB, South Korean startup company specializing in Industrial IoT, SaaS and Machine Learning technologies.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$500K
Industries
Enterprise Software,Hardware,Industrial Automation,Information Technology,Internet of Things,Machine Learning,SaaS,Service Industry
Founded date
Jan 1, 2011
Number Of Employee
11 - 50
Operating Status
Active

ulalaLAB is a South Korean startup company specializing in IIoT, SaaS and Machine Learning technologies, that develops, manufactures, and sells affordable and easy to implement IoT Smart Factory platform with AI based industrial big data analytics for small and medium size enterprise manufacturers both in Korea and abroad.

We are dedicated to address issues that industries, people and society face every day by providing cost effective, easy to implement solutions that effectively combine innovative technologies with ‘human’ at the center of everything. We emphasize on importance of connected technology in human and machinery daily work balance with people and businesses conveniently utilizing our solutions to perform better more informed decisions.

Our Smart Factory Platform a 'WimFactory'​ is a simplified solution that conveniently & cost effectively transforms SME factories into Industry 4.0 standards '​in minutes not month'​ by simply installing one or few of self-developed IIoT Devices 'Wicon'​ that works in a principal of plug & play technology. And jointly with Cloud Platform and Machine Learning capabilities enable factories to gain instant access to real time data by capturing, analyzing and displaying operations data from all types of sensors surrounding production line, even from old and outdated equipment, as a result significantly increasing quality control over factory operations - all without changing existing production line equipment and process or retraining employees and staff.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$600K
ulalaLAB has raised a total of $600K in funding over 2 rounds. Their latest funding was raised on Aug 10, 2017 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 10, 2017 Seed $500K 1 Detail
Feb 1, 2016 Pre-seed $100K 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
ulalaLAB is funded by 2 investors. JW Asset and KOISRA Seed Partners are the most recent investors.
Investor Name Lead Investor Funding Round
JW Asset Seed
KOISRA Seed Partners Pre-seed