Altizon Accelerates its IIoT Growth Journey with $7Mn Series A+ Funding

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    • May 27, 2019 at 4:04 am #32353
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        #News(Startup) [ via IoTForIndiaGroup ]

        Altizon Inc, a global industrial IIoT platform company addressing the manufacturing industries, today announced the closure of its series A+ funding round of $7Mn. This important round was led by TVS Motor Company (Singapore) Pte. Limited, the Singapore based Subsidiary of TVS Motor Company Limited and participated by existing investors The Hive, Wipro Ventures, and Lumis Partners.

        “The Industrial IoT market continues to expand at a rapid pace and this investment brings on board TVS Motor Company which is the flagship company of the multi-billion $ TVS Group, with deep experience building companies in the industrial sector,” said Vinay Nathan, CEO of Altizon. Vinay further added, “We have a strong roster of global industrial majors as our customers and they can now gain further benefit from our global footprints and enhanced technology offerings.”

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