Tech Company Financing Transactions
PointGrab Funding Round
On 10/26/2016, PointGrab announced $7 million in funding from ABB Technology Ventures, Mitsubishi Corporation and Philips Electronics Ventures.
Transaction Overview
Company Name
Announced On
10/26/2016
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With this investment, the synergistic effects between PointGrab's smart analytics solution and MUCAP will greatly benefit the Japanese market.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
4 Haharash St. 6442
Hod Hasharon, 4524075
Israel
Hod Hasharon, 4524075
Israel
Phone
Website
Email Address
Overview
PointGrab provides smart sensor solutions to the building automation industry. The company applies its superior deep-learning technology to the building automation ecosystem, where opportunities to gather data are abundant, but efficient, real-time analytics are lacking.
Management Team
Title
Name
Email & Social
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