News

Pivotal Commware announced the closing of a $102 million Series D round led by Gates Frontier and Tracker Capital. Joining them as co-leads are funds managed by affiliates of Fortress Investment Group LLC and Blue Investment Group. Existing investors, including Verizon Ventures, Devonshire Investors, Thermo Companies, DIG Investment XV AB and Lux Capital, also participated.

Investors pumped more than $2.8 billion into 123 companies July. It was a particularly strong month for photonics companies, with a photonic integrated circuit foundry raising more than $100 million.

CoreTigo, an industrial wireless automation provider, has announced that Amazon has joined their Series B1 round of fundraising. 

Internet-of-things startup Nami has raised a $10.5 million Series A from investors including Verizon Ventures, Amavi Capital and INSPiRE. 

Sanctuary AI announced the successful deployment of its unique system, marking the world’s first implementation of such advanced technology at a customer commercial facility through its collaboration with Canadian Tire Corporation (CTC).