Tech Company Financing Transactions
Litmus Automation Funding Round
Litmus Automation, operating out of San Jose, secured $1.5 million from Alchemist Accelerator, Mars and Ryerson Futures.
Transaction Overview
Company Name
Announced On
11/2/2016
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Proceeds Purpose
Litmus Automation will be using the funds raised to further bolster up their team, having already hired David Sidhu, VP Customer Success, an industry veteran with large multinational experience in IoT.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2107 N 1st St. 440
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Litmus Automation's Loop and Loop Edge are the perfect combination of secure device connectivity, management and application integration for industrial manufacturing and the connected car. At Litmus Automation, we are trusted by Fortune 500 companies to solve the growing complexities in IoT.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vatsal Shah
Chief Financial Officer
Sacha Sawaya
Chief Operating Officer
John Younes
VP - Engineering
Dmitri Toubelis
VP - Engineering
Dmitry Zaytsev
Browse more venture capital transactions:
Prev: 11/2/2016: USRealty venture capital transaction
Next: 11/2/2016: Cohero Health venture capital transaction
Share this article
About Database of VC Transactions
We report on all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs