Pune Based IoT Startup, Altizon Raises $4 Million In Series A Led By Wipro
February 2, 2016 2016-02-02 8:51Pune Based IoT Startup, Altizon Raises $4 Million In Series A Led By Wipro
Company Name : Altizon
Funding Amount : $4 million
Investor(s) Wipro Lumis Partners. The Hive. Infuse Ventures
Funding Round : Series A
Altizon Systems has raised $4 million in Series A funding from Wipro, Lumis Partners, the Hive and Infuse Ventures.
Wipro invested Rs 9. 78 crore in the Pune based startup and acquired a minority stake. The transaction will be completed by February 10th.
The raised funds will be used for sales and marketing in both India and international markets.
Altizon, a big data and IoT startup earned revenues of around Rs 30-40 lakhs in 2014-15 financial year.
[source]
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Comments (2)
Ud
…. and also find some better, high quality shots than just quick screen shots of the home page ….. Look at articles from, say, Techcrunch ….
Ud
Please try to link the site in question at-least once in the post … preferably in the beginning somewhere …. would be good journalism … (Even if not that good for SEO :P)