The business asset management platform developer has raised $10m in a series A round led by GE Ventures that included fellow corporate venturing unit ServiceNow Ventures.
Industrial product manufacturer General Electric has led a $10m series A round for Nuvolo, a US-based developer of asset management software for enterprise customers, through its GE Ventures unit.
ServiceNow Ventures, the corporate venturing arm of enterprise software provider ServiceNow, and venture capital firm New Enterprise Associates (NEA) also took part in the round, having previously funded Nuvolo’s $2m seed round in late 2015.
Founded in 2013, Nuvolo has created a cloud-based platform that enables businesses in field such…
