Tech Company Financing Transactions
Petasense Funding Round
On 6/22/2017, Petasense secured $1.8 million in Seed financing from Felicis Ventures and True Ventures.
Transaction Overview
Company Name
Announced On
6/22/2017
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Seed
Investors
Felicis Ventures (Lead Investor)
True Ventures (Lead Investor) (Om Malik)
Proceeds Purpose
The company emerged from stealth mode concurrent with the funding announcement.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2 N 1st St. 5th Floor
San Jose, CA 95113
USA
San Jose, CA 95113
USA
Phone
Website
Email Address
Overview
Founded with a vision of making industrial machines smarter, Petasense is an Industrial IoT startup based in Silicon Valley. The company offers an end-to-end solution -- comprised of a patent-pending wireless vibration sensor, cloud software and machine learning analytics -- that helps with asset reliability and predictive maintenance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Abhinav Khushraj
Chief Operating Officer
Arun Santhebennur
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We document every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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