IOTA Software Inc., a US-based developer of industrial and commercial data visualization software, announced that it has raised a $10.4 million Series A2 funding round led by Altira Group.

More to Know:

• The company was founded in 2021 by T.J. Rulapaugh.
• Oxy Technology Ventures and Second Avenue Partners participated in the round.
• IOTA supports executives, production managers, and operators with essential insights to improve performance and make data-driven decisions.
• The new funding will be used to expand its team, strengthen its technology infrastructure, and support its marketing efforts.