Sixgill Closes $27.9M Series B Round

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Summary

SANTA MONICA, CA, Sixgill, the leader in sensor data services for governing IoE, announced it has completed terms of a Series B funding that will total $27.9 million when fully drawn. Since joining as CEO to lead these efforts, Phil Ressler has put in place a top tier team which will use the balance of the Series B funds to grow both the business and the scope of the companys premier IoE data services platform. Such task-specific applications are needed in all industries to manage torrents of new sensor data and exploding numbers of connected assets that include people, places and things. Sense supports applications available on over 50 million devices by a major U.S. carrier, and has powered crowd management and audience communications at large events in the U.S. and Europe. Sixgill offers customers a single powerful platform to unify sensor data management, process automation and analytics for all sensor-informed applications.

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Amount $27.9M Total raised
Date September 14, 2017 Announcement date
Investors VA Angels Lead investors
Company http://www.sixgill.com Funded company

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