Litmus, a San Jose, CA-based provider of an Industrial Edge Data Platform, raised $30M in Series B funding.
The round, which brings the Litmus funding total to $42.6M, was led by Belden.
The company intends to use the funds to scale sales, marketing, customer support and extend service and deployment to enterprise customers through various go-to-market channels.
Led by CEO Vatsal Shah, Litmus is an Industrial Edge Data Platform that unifies device connectivity, data intelligence and data integration in a complete Industry 4.0 solution. With instant connectivity to hundreds of OT assets, Litmus Edge connects to all modern and legacy systems to unify OT data and provide a complete data picture across the enterprise. Manufacturers use that data to power use cases from condition monitoring to AI to improve performance, increase efficiency, and drive profitability.
Litmus technology is used by Google Cloud, Dell Technologies, HPE, Hitachi, Mitsubishi and other global Fortune 500 companies.
The company will now expand its presence in EMEA and APAC while supporting OEM relationships to provide customers with a complete IIoT Edge platform that unifies data collection, data analytics, application enablement and data integration.
FinSMEs
19/09/2022