Viam
Assembly Line
Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines
Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam’s total funding to $87 million. The latest funding will enable Viam to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.
Viam is a fully modular, interoperable, and open source software solution that works seamlessly across all hardware and any fleet of machines. Its open architecture removes costly and complex barriers to working with physical devices, in order to speed developer velocity, democratize access to open data to inform AI, and accelerate innovation in critical sectors such as industrial manufacturing, energy, and climate.
Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines
Viam, the software platform for smart machines, announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam’s total funding to $87 million.
The funding also follows the announcement that Viam is partnering with the Whale and Vessel Safety Taskforce (WAVS) to establish an open-source data collection program and AI solution crucial for North Atlantic Right Whale conservation efforts, showing how Viam can be used for open data to drive collaboration and transparency, as well as the unique ways Viam brings AI and actuation to the edge.
Viam Announces $30 Million Series A Funding Round to Scale Novel Robotics Platform
Viam, Inc., the company building a novel robotics platform, announced the close of a $30 million Series A round led by Tiger Global, with participation from returning investor Union Square Ventures, and Battery Ventures. The financing brings Viam’s total funding to $42 million. The latest investment will enable Viam to expand its team size and support ongoing research and development (R&D) to enhance its platform.
Robotics is one of the world’s fastest growing industries, but will struggle to mature quickly without developer-friendly tools and services to drive innovation. Founded in 2020 by MongoDB, Inc. cofounder and longtime CTO Eliot Horowitz, Viam is a hardware and language agnostic platform that allows developers to create, configure, and control any robot from anywhere.