Assembly Line

IOTech Expands North American Presence with Investment from Dell Technologies Capital

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: IOTech, Dell

IOTech, the leader in open edge computing, today announced its expansion in the North American market, fueled by additional investment led by Dell Technologies Capital. The investment will support go-to-market in the region and accelerate strategic product development of its groundbreaking open edge data platform. To help further drive growth in the U.S., IOTech has also appointed industrial IoT (IIoT) veteran David C. King to its board of directors.

The new investment included existing investors Dell Technologies Capital, SPDG (Société Anonyme de Participation et De Gestion), the holding company of the Périer-D’Ieteren family, Northstar Ventures and the Scottish Investment Bank.

Read more at Business Wire