IU Ventures has returned for a series B round for Encamp, having previously taken part in a series A round year.
Encamp, a US-based environmental, health and safety (EHS) software developer, has secured $12m in a series B round backed by IU Ventures, the fund management arm of Indiana University.
OpenView led the round, which also attracted High Alpha Capital and Allos Ventures.
Founded in 2017, Encamp has built a cloud-based EHS compliance platform. It will use the series B capital to support continued development of its platform and to hire additional staff.
Encamp raised $3.1m in series…
