Altizon Systems Closed Seed Funding
Summary
Altizon Systems, a Pune, India-based product company focused on the Industrial Internet, closed a seed round of funding of undisclosed amount.The company intends to use the funds to grow operations.Led by Vinay Nathan, CEO and co-founder, Ranjit Nair, CTO, Yogesh Kulkarni, COO and co-founder, Altizon has a family of appliances and SDKs that drive data from sensors in Industrial Equipment to its Datonis™ platform, which is architected to be the point of reference for Enterprises adopting the Internet of Things (IoT).The platform, available as a SaaS as well as an on-premise offering, performs large-scale data ingestion and aggregation utilizing Big Data technologies on time series data.It is leveraged by OEM and SI partners to build applications for on-premise and cloud solutions for operational efficiency, predictive maintenance, remote monitoring and consumer insight in manufacturing, smart grid and connected health industries.
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