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Amount Raised
$15 Million
Round Type
Funding Round
Salt Lake CityOtherInformation TechnologySustainabilitySoftwareData And AnalyticsReal EstateScience And EngineeringArtificial Intelligenceinformation technology & servicesDescription
About five months after raising $15 million, PassiveLogic, which provides a platform to autonomously control building systems, has secured an additional $15 million in an “off-round” strategic investment from Nvidia’s venture arm, nVentures. The new cash brings PassiveLogic’s total raised to over $80 million, and CEO Troy Harvey tells TechCrunch it’ll be put toward expanding the Utah-based company’s headcount from 100 employees to 140 within the next year.
Fundz sees it the moment PassiveLogic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
PassiveLogic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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