Viam, a NYC-based software platform for smart machines, raised $45M in Series B funding.
Backers included Union Square Ventures and Battery Ventures.
The company, which has raised $87m in total funding, intends to use the funds to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.
Founded in 2020 by former MongoDB co-founder and CTO Eliot Horowitz, Viam is a comprehensive open-source platform that simplifies the building, monitoring, and data management of smart machines, from industrial robots to smart home appliances to IoT devices. It is a fully modular, interoperable, and open source software solution that works seamlessly across all hardware and any fleet of machines.
Since launching general availability in May 2023, Viam is now working with global enterprises and startups of every size to accelerate time to market, decrease risks, increase developer velocity, improve operational efficiency, and build modern end user experiences.
The funding also follows the announcement that Viam is partnering with the Whale and Vessel Safety Taskforce (WAVS) to establish an open-source data collection program and AI solution for North Atlantic Right Whale conservation efforts. Additional ongoing partnerships include working with industrial, automation, and innovation teams to keep machines running smoothly on the edge; enable device-to-cloud data pipelines that help manufacturers with real-time data monitoring, predictive maintenance, and remote diagnostics; and deploy AI and ML models via the Viam Modular Registry.
FinSMEs
26/03/2024