Tech Company Financing Transactions
Quartic.ai Funding Round
WRVI Capital and private investors participated in a $5 million Series A capital raise for Quartic.ai. The round closed on 11/8/2019.
Transaction Overview
Company Name
Announced On
11/8/2019
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
WRVI Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate deployment of its Industry 4.0 technology and serve a larger customer base.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
240 E. Gish Rd.
San Jose, CA 95112
USA
San Jose, CA 95112
USA
Phone
Undisclosed
Website
Email Address
Overview
Quartic.ai places the power of AI directly in the hands of plant subject matter experts (SMEs) with their complete Smart Industry platform for process manufacturing industries implementing digital transformation with AI and IIoT. Quartic.ai allows manufacturers to extract more value from legacy infrastructure and build Industry 4.0 factories.
Management Team
Title
Name
Email & Social
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We do our best to report on tech company VC transactions. 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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