Litmus Automation Garners $1,500,000 New Funding

  • Feed Type
  • Date
    11/2/2016
  • Company Name
    Litmus Automation
  • Mailing Address
    2107 N 1st St. San Jose, CA 95131 USA
  • Company Description
    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.
  • Website
    http://www.litmusautomation.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Alchemist Accelerator
  • Venture Investor
    Ryerson Futures
  • Venture Investor
    Mars

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