Robert Bosch Venture Capital invests in iguazio
Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has completed an investment in iguazio. The Herzliya, Israel-based company says it accelerates the digital transformation of enterprises and simplifies real-time analytics at the edge, on-premises, and in hybrid environments, complementing the offering of leading cloud providers. The $33 million investment round was led by Pitango Venture Capital. Additional funds came from Verizon Ventures and CME Group, as well as the company’s existing investors, Magma Venture Partners, Jerusalem Venture Partners, and Dell Technologies Capital. This new financing round brings the company’s total investment to $48 million.
Founded in 2014, the iguazio Continuous Analytics Data Platform has fundamentally redesigned the entire data stack to accelerate performance in big data, the Internet of Things (IoT), and cloud-native applications. “Automotive and industrial companies require real-time analytics closer to the edge,” said Dr. Ingo Ramesohl, Managing Director and co-head of RBVC.
Start-ups interested in contacting Robert Bosch Venture Capital can find more information at www.rbvc.com.