Industrial IoT Data Integrity Market Leader Aperio Systems Secures $8.5M in Series A Funding
Summary
BOSTON--(BUSINESS WIRE)--Aperio Systems today announced the close of an $8.5 million Series A funding round led by National Grid Partners, the venture investment and innovation arm of National Grid plc., one of the largest investor-owned energy companies in the world. “Aperio’s unique technological approach to improving the quality of industrial data makes them a highly attractive target for investment. Organizations in such sectors as mining, power generation, oil & gas, manufacturing, and chemical processing depend on access to reliable data for operational efficiency, safety, and strategic planning. As more of these companies advance their digital transformation initiatives through IIoT technologies, reliable data becomes a competitive advantage. Unreliable industrial data leads to system downtimes, equipment failure, loss of productivity, and even safety risks.