FogHorn Systems said July 27 that it raised $12 million in Series A funding led by March Capital and GE Ventures. Robert Bosch Venture Capital GmbH, Yokogawa Electric Corporation and Darling Ventures provided additional Series A funding. The company also converted an additional $2.5 million of initial seed capital provided by March Capital and The Hive. Mountain View, California-based FogHorn develops “edge intelligence” software for industrial and commercial Internet of Things (IoT) applications.
Source: Market Wired