ThingTech, an Atlanta, GA-based Industrial Internet of Things (IIoT) Platform-as-a-Service provider that allows asset-intensive organizations to connect equipment, devices and people, raised a $4m Series A funding round.
The round was led by BIP Capital with participation from follow on investor Engage Ventures.
The company intends to use the funds to continue growth and expansion of reach in the marketplace.
Led by Tim Quinn, CEO and co-founder, ThingTech delivers visibility into high-value assets, equipment and the mobile workforce in real-time using advanced analytics and cloud services. The company’s solution combine Enterprise Asset Management, Field Service, Smarter Cities and Internet of Things (IoT) solutions into a cloud-based, connected platform for enterprise asset intelligence. Customers use the platform to track and optimize the performance of their mission-critical mobile assets and workforce to increase business performance and improve their customers’ experience.