Litmus Automation, a San Jose, Calif.-based Industrial Edge Computing platform provider, completed a $7m Series A financing.
The round, which brought total funding since launching to $12.6m, was led by Mitsubishi Corporation.
The company intends to use the funds to ramp up sales and marketing efforts.
Led by Vatsal Shah, CEO, Litmus Automation provides LoopEdge and Loop, which work together to give companies data and device management solutions to optimize both how they run their business and how their customers’ businesses operate.
LoopEdge provides Industrial device connectivity with seamless edge computing. Loop provides a tool to manage the complete lifecycle of edge and IoT deployments.
Customers include 10+ Fortune 500 manufacturing companies, while partners like Siemens, HPE, Intel and SNC Lavalin expand the company’s path to market.
FinSMEs
17/09/2019