Tech Company Financing Transactions
IOTech Systems Funding Round
IOTech Systems closed a funding round on 8/29/2023. Backers included Dell Technologies Capital, Northstar Ventures and Scottish Investment Bank.
Transaction Overview
Company Name
Announced On
8/29/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Dell Technologies Capital (Lead Investor) (Gregg Adkin)
Proceeds Purpose
The company intends to use the funds to invest in expanded sales, marketing and pre-sales support to deliver deployments and future customer engagements.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
The Core Science Central Bath Ln.
Newcastle upon Tyne, NE4 5TF
UK
Newcastle upon Tyne, NE4 5TF
UK
Phone
Website
Email Address
Overview
IOTech's aim is to be a leader in the global Edge/Fog IoT platform market through a productized open source business model and a channel strategy incorporating the key global IoT players who are looking to leverage OT software solutions and skills they do not currently possess.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Keith Steele
Chief Technical Officer
James White
VP - Bus. Development
Steve Jennis
VP - Engineering
Steve Osselton
VP - Product Management
Andrew Foster
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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