YourStory_Altizon Systems

Altizon scales up with $4M Series A Funding. IoT shows a lot of promise in making technology more seamless and useful for human needs. With their HQ in Pune, presence in Palo Alto and backing from marquee investors, Altizon has a good chance of capturing the enterprise (B2B) market in India.

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VCCircle_Altizon Systems

Altizon Systems Pvt Ltd, which operates a technology platform for developing industrial IoT (internet of things) solutions, has raised $4 million (around Rs 27.2 crore) in Series A funding led by Wipro Ventures and Lumis Partners. Altizon will use the funds raised to scale up its sales and marketing globally.

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Daily Herald-Altizon Systems

Altizon Systems, the Internet of Things (IoT) platform innovator today announced it has closed a $4M round of series A funding led by Wipro Ventures & supported by Lumis Partners and current investors, The Hive & Infuse  Ventures. Altizon has emerged as a leading partner for enterprises in an IoT driven world.

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iamwire_Altizon SystemsAltizon Systems has raised $4 million in series A round of funding led by Wipro Ventures with participation from Lumis Partners and current investors, The Hive and Infuse Ventures. As part of the deal, Rohit Bhayana, Managing Partner of Lumis Partners will be joining Altizon’s Board.

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live mint_Altizon SystemsWipro Ventures invests Rs 9.78 crore (part of Series A Funding) in big data start-up Altizon Systems. This is Wipro Venture’s first investment in a home-grown start-up in two years. Until now, it has taken stakes in four US-based start-ups

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medianama_Altizon Systems

Altizon, a Pune headquartered IoT platform provider, has raised Series A funding worth Rs 9.78 crore ($1.4 million) for a 20% stake from Wipro Ventures, reports ET. The company has raised overall $4 million in this round led by Wipro, with participation from Lumis Partners, The Hive and Infuse Ventures.

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HTMedia Syndication_Altizon Systems

Wipro invests $ 4M Series A funding in Pune-based start-up Altizon.”The company has picked up a minority shareholding of less than 20 per cent on a fully diluted basis for a consideration of Rs 9.78 crore in Altizon Systems Private Ltd,” the company said in a filing to the Bombay Stock Exchange.

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ETCIO.com_Altizon Systems

Wipro Ventures, the $100-million venture capital arm of India’s third largest software exporter, invested $4 million as part of a Series A funding round, a week after cross-town arch rival Infosys parked $4 million in US-based data startup Waterline Data Science.

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