Tractian Raises $45M in Series B Funding
Summary
Tractian, an Atlanta, GA-based provider of industrial IoT and enterprise asset management software, raised $45m in growth funding. The round was led by General Catalyst with participation from existing investor Next47 and strategic angels – including Ronan de Hooge, VP of Cloud Platform of AVEVA, Ron Gill, former SAP and Netsuite CFO, and Andy McCall, former Samsara CRO. The company intends to use the funds to scale customer enablement while investing in new technology innovation for its maintenance operators. Tractian operates across a wide range of verticals including food & beverage, automotive, consumer goods, mining, oil & gas, commodities manufacturing, etc. The company’s customer base includes John Deere, Procter & Gamble, Caterpillar, Goodyear, Carrier, Johnson Controls, and Bimbo, the owner of the brands Little Bites and Thomas Bagels.
Funding
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