Portfolio News: Petasense Raises $1.97 Million Financing
We are very pleased to announce that our portfolio company Petasense has closed its Seed round. Petasense is simplifying the Industrial Internet of Things. It is like a FitBit for industrial machines. The Petasense continuous monitoring though vibration sensors and cloud software helps plants eliminate unplanned downtime by predicting machine failures before they occur. Read the article about the financing here.