CoreTigo Raises $13M Series B Round Led by Cardumen Capital and Verizone Ventures

AI Technology Insights and Yahoo Finance

| 4 July, 2021
CoreTigo’s Industrial Wireless Solutions Further Advance IIOT and Factory Automation Communication
The company’s solutions are revolutionizing factory automation by providing cable-grade wireless connectivity which enables the most adaptive and flexible machine design

Jul, 2021 – CoreTigo, the industrial wireless connectivity solutions provider, announced the close of its $13 million Series B financing round, bringing total financing raised to date to $27 million. Strategic investor Verizon Ventures joined CoreTigo’s portfolio of distinguished investors, including Cardumen Capital, which led the round, and existing investors Lenovo Capital, Magma Venture Partners, Meron Capital, Qualcomm Ventures LLC and Sierra Ventures.

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