Sundt and Canica participated in industrial technology developer Arundo Analytics' latest round, which will fund hiring, sales and marketing.
US-based industrial data analysis technology developer Arundo Analytics has received $25m in series A funding from investors including construction firm Sundt and diversified holding company Canica.
The round featured venture capital firms Northgate Capital and Horizon Ventures, as well as investment firm Strømstangen, family office Stokke Industri, asset management firm Arctic Fund Management and Stanford StartX, the accelerator affiliated with Stanford University.
Arundo was founded in 2015 and graduated from StartX the following year. It provides cloud-based data analytics software…
