Wednesday, October 4, 2017

Foghorn Finds $30M In Series B

Mountain View-based FogHorn Systems, a developer of machine learning software for the industrial and commercial IoT market, has raised $30M in a Series B funding. The funding was led by Intel Capital and Saudi Aramco Energy Ventures, and also included Honeywell Ventures, plus March Capital Partners, GE, Dell Technologies Capital, Robert Bosch Venture Capital, Yokogawa Electric Corporation, Darling Ventures and The Hive. David C. King is the CEo of FogHorn. The company said the funding will go towards expanding its engineering resources and go-to-market efforts. More information »