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Avataar Venture Partners leads Infinite Uptime’s $35-mn Series C round

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Avataar Venture Partners leads Infinite Uptime’s $35-mn Series C round

Infinite Uptime, an IoT startup, has raised $35 million in a Series C funding round led by Avataar Venture Partners, with participation from StepStone Group, LGVP Fund, and existing investors Tiger Global and GSR Ventures. The funds will enhance its IoT platform, expand manufacturing presence, and grow in the US and globally. Known for its Industrial Data Enabler (IDE), the company operates in 26 countries, managing 801 production sites, and serves various manufacturing industries.

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