Tech Company Financing Transactions
Arundo Analytics Funding Round
Arundo Analytics, based in Houston, secured $25 million from Arctic Fund Management, Canica and Horizon Ventures.
Transaction Overview
Company Name
Announced On
1/26/2018
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
Arundo plans to use the funds to expand sales and marketing efforts in asset-heavy industries, including the oil & gas, maritime, mining, chemicals, power and manufacturing sectors, as well as to continue to build on its team of world-class software engineers and data scientists in Houston, Oslo and Palo Alto.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1600 Smith St. 3730
Houston, TX 77002
USA
Houston, TX 77002
USA
Phone
Website
Email Address
Overview
Arundo's proprietary software for asset-intensive industries enables "edge"-state streaming and analytics, rapid cloud deployment of machine learning models, and enterprise-scale models management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tor Ramsøy
Chief Operating Officer
Stuart Morstead
General Manager
Edoardo Jacucci
VP - Human Resources
Anne Liberg
VP - Marketing
Amitav Misra
VP - Product Management
Cody Falcon
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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