Ventureast leads Series B funding in IoT startup Infinite Uptime
Infinite Uptime India Pvt. Ltd, an Internet of Things (IoT) startup, has raised $5.15 million (around Rs 38 crore) in its Series B funding round led by venture capital firm Ventureast. Another new investor that joined the round was THK, a Japanese company that develops and manufactures mechanical components, Ventureast said in a statement. Existing VC investors Mayfield Fund, GSR Ventures, Global IoT Technology Ventures (GiTV) and IL&FS Private Equity also participated in this funding round.
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