Foghorn Systems Secures Million in Series A Funding

The money keeps rolling into the IoT from every side, and the newest recipients are the edge computing specialists at FogHorn Systems, based in Mountain View, CA, having raised $12 million in its recently closed Series A. FogHorn builds software for industrial and commercial IoT applications, and in its announcement this morning, said that the round was lead by March Capital and GE Ventures. Additional funding was provided by Robert Bosch Venture Capital GmbH, Yokogawa Electric (News – Alert) Corporation and Darling Ventures. The company also converted $2.5 million of initial seed capital provided by March Capital and The Hive, the Palo Alto (News – Alert)-based AI and big data studio that co-created FogHorn. FogHorn is at the forefront of edge tech for industrial and commercial IoT applications. Its fog computing software…


Link to Full Article: Foghorn Systems Secures Million in Series A Funding