Industrial IoT Startup Seebo Raises $8 Million
The Tel Aviv-based startup developed software that lets industrial manufacturers turn machinery into IoT connected systems
For daily updates, subscribe to our newsletter by clicking here.Existing investors TPY Capital and Viola Ventures participated in the funding round, in addition to Chicago-based Pritzker Group Venture Capital and Japanese investment firm Global IoT Technology Ventures, Inc.
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“Today we see a surge in market demand from industrial manufacturers in dozens of verticals - such as mining, packaging machinery, water filtration equipment and industrial pumps,” said Seebo CEO and co-founder Lior Akavia.Seebo has over 50 employees, working out of offices in San Francisco, Tel Aviv, and Shenzen.