IoT platform Particle raises $40m in Qualcomm-led funding round
Particle, a platform for IoT devices, has raised $40 million in Series-C funding led by Qualcomm Ventures and Energy Impact.
The latest round brings Particle’s total funding so far to $81 million. Other participants included Spark Capital, Bonfire Ventures, Counterpart Ventures, Root Ventures, and Green D Ventures.
Particle is based in San Francisco and promises to be an end-to-end solution for IoT device deployments which includes both software and hardware. Existing customers are now gathering more than 22 billion sensor data points annually.
Zach Supalla, CEO of Particle, said:
“Over the last seven years, we’ve seen a wide range of