IOTA Software Inc., a developer of industrial and business data visualization software, announced that it has secured $10.4 million in Series A funding led by the Altira Group, with participation from Oxy Technology Ventures and other investors, including Aramco Ventures and Second Avenue Partners.
IOTA’s visualization software is a cloud-native platform designed for enterprises, providing instant access to all sources of information for business and operations. IOTA empowers executives, production managers, and operators with a unified visual environment that supports them with the necessary insights for performance improvement and data-driven decision-making.
This new investment will be used to expand IOTA’s engineering, product, and customer success teams and enhance its technology infrastructure and marketing efforts. This will enable IOTA to further develop its technology and expand its reach.
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