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IOTA Software Inc. Secures $10.4 Million Series A2 Funding Led by Altira Group
Oct 31, 2024•over 1 year ago
Contract Type
partnership
Description
IOTA Software Inc. has secured $10.4 million in Series A2 funding led by the Altira Group with participation from Oxy Technology Ventures and existing investors. The funding will be used to expand IOTA's teams, enhance its technology infrastructure and marketing efforts, and further develop its innovative technology for global expansion.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months