Seven corporates, including returning investors GE, Saudi Aramco, Robert Bosch and Dell, have contributed to the data analytics software developer's series B round.
The corporate venturing units of semiconductor producer Intel and petroleum producer Saudi Aramco co-led a $30m series B round for US-based industrial internet-of-things (IIoT) software developer FogHorn Systems on Wednesday.
Intel Capital and Saudi Aramco Energy Ventures were joined by Robert Bosch Venture Capital (RBVC), Honeywell Ventures and Dell Technologies Capital, subsidiaries of industrial product maker Robert Bosch, electronic systems producer Honeywell and computing company Dell.
Power and industrial conglomerate General Electric and industrial technology manufacturer Yokogawa Electric also participated…
