Article inspired by http://endeavor.org/entrepreneurs/scriptr-endeavor-catalyst-48/ Scriptr.io, the flagship software product of portfolio company ElementN, has closed the second and final round of the $5 million series A funding led by Middle East Venture Partmers (MEVP) with the participation of IM Capital and other parties. The closing includes the participation of San Francisco based Endeavor Catalyst and Berytech Fund II (BF II). Based in Beirut, Lebanon, and New York City and helmed by Founder and CEO Rabih Nassar, scriptr.io will use the funding to expand business operations in the U.S. “The series A has allowed us to transform scriptr.io into a recognizable Enterprise IoT brand, build valuable partnerships and sales channels across the industry and acquire major customers,” said Rabih Nassar. Scriptr.io enables enterprises to create and deliver IoT (Internet of Things) applications with reduced time-to-market and increased cost efficiency, combining agile application creation and a zero-DevOps managed service environment to power open, scalable, and secure IoT applications. Scriptr.io solves interoperability issues between enterprise applications and IoT-based service providers by offering a marketplace of pre-built vertical IoT applications and connectors to major IoT and enterprise systems. As a robust, carrier-grade application engine supporting millions of enterprise users and 100+ applications, scriptr.io can be provided from a cloud based infrastructure or as a fully-managed service delivered on premise or at the edge.