| Company | Cynet |
| Fund Raised | $150M |
| Investor | TCV |
| Co-Founder/CEO | Dr. John Markus Lervik |
| Website | https://www.linkedin.com/company/cognitedata |
| Valuation | Approx $1.6 Billion |
Cognite IoT 150M Series
Industrial Software Innovation Company, Cognite gets $150 Million by TCV in a strategic investment. TCV invest in Cognite at an amazing valuation of $1.6 billion and join the ex-investors and directors on the board.
Also, read SnapLogic 165M 1B Street
CEO Dr John Markus Lervik said that we accelerate the growth after we have TCV expert employees on board. SaaS or software-as-a-service is the new world requirement as most of the work is done by software and programs. With Cognite, clients can improve efficiency, safety, and sustainability, and increase their revenue.
