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AssetWatch® Raises Series B Funding Round to Accelerate Innovation in Predictive Maintenance

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: AssetWatch, Wellington Management

AssetWatch, Inc., a leading condition monitoring and predictive maintenance organization, announced closing its Series B financing round of $38M led by Wellington Management, a global independent asset management firm. Series A investors, including G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund, are investing in the Series B. The funding will accelerate AssetWatch’s ongoing innovation, enabling the company to continually offer new value to its customers. Additionally, it will support the expansion and scale-up of the business, ensuring the sustained provision of outstanding customer service and comprehensive, hassle-free subscription services.

Read more at AssetWatch News