San Francisco California based Particle Industries is raising $30,000,000.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Particle Industries is raising $30,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Zach Supalla played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Particle Industries
Particle makes it possible for any company to build intelligent and interactive connected machines that generate unprecedented insights, transforming manufacturing businesses into the next wave of digital innovators. We are the leading integrated IoT platform, providing a complete technology stack to our customers. Over the next decade, every manufacturing and distribution business on the planet will be re-invented as connectivity becomes ubiquitous and their physical assets become new sources of data and insight. Businesses that lead this transformation will operate more efficiently and develop new business models and new revenue streams that will increase the value they can provide to their customers; as a result, they will out-compete those who choose not to invest in IoT. Our platform is designed to help enterprises reprogram their machines and products by adding connectivity and intelligence. Eliminate 20+ IoT vendors decrease your time to market with the only edge-to-cloud platform that abstracts all the complexity of IoT for you. And we are supported by a large remote team that works all around the world.
To learn more about Particle Industries, visit http://www.particle.io/
Contact:
Zach Supalla, Chief Executive Officer
415-316-1024
zach@particle.io
https://www.linkedin.com/in/zsupalla/
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