Source prnewswire
Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines
Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam's total funding to $87 million. As the extraordinary pace of global innovation continues to accelerate, advances in AI and machine learning, the massive rise of connectivity, and the prevalence of cloud and edge computing continue to dominate the software landscape. However, software to manage hardware has continued to make only moderate gains, stymied by proprietary and siloed solutions specific to individual machines, sensors, and equipment, leading to complex constraints that frustrate developers, impede growth, and stifle progress However, software to manage hardware has continued to make only moderate gains, stymied by proprietary and siloed solutions specific to individual machines, sensors, and equipment, leading to complex constraints that frustrate developers, impede growth, and stifle progressAs the extraordinary pace of global innovation continues to accelerate, advances in AI and machine learning, the massive rise of connectivity, and the prevalence of cloud and edge computing continue to dominate the software landscape. However, software to manage hardware has continued to make only moderate gains, stymied by proprietary and siloed solutions specific to individual machines, sensors, and equipment, leading to complex constraints that frustrate developers, impede growth, and stifle progress However, software to manage hardware has continued to make only moderate gains, stymied by proprietary and siloed solutions specific to individual machines, sensors, and equipment, leading to complex constraints that frustrate developers, impede growth, and stifle progressViam, the software platform for smart machines, announced that it has closed $45 million in Series B financing.
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