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Viam raised $45M in a Series B round led by Union Square Ventures and Battery Ventures to focus on R&D and commercial enterprise deployment.

Mar 26, 2024over 1 year ago

Amount Raised

$45 Million

Round Type

series b

New YorkSoftware

Investors

Battery VenturesUnion Square Ventures

Description

Viam announced a $45-million Series B round led by Union Square Ventures and Battery Ventures. The funding will be used for research and development, as well as the expansion of commercial enterprise deployment. The company's total funding now stands at $87 million.

Company Information

Company

Viam

Location

New York, New York, United States

About

Viam helps companies unlock the power of AI, data and automation in the physical world. We provide a single platform for engineers of all disciplines to solve problems together and build solutions that are fast and future-proof.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech