FogHorn Systems raises $30 mln in Intel Capital and Saudi Aramco led round

FogHorn Systems said it raised $30 million of Series B funding in a round led by Intel Capital and Saudi Aramco Energy Ventures and joined by new investor Honeywell Ventures.

Existing investors March Capital Partners, GE, Dell Technologies Capital, Robert Bosch Venture Capital, Yokogawa Electric Corporation, Darling Ventures and The Hive also participated in the deal.

FogHorn has now raised $47.5 million. The company is developing edge software for industrial and commercial IoT applications.