Litmus Raises $30M in Series B Funding Led by Belden

Industrial IoT edge software platform supplier Litmus announced it has closed $30M in Series B funding led by industrial network infrastructure supplier Belden with participation from other investors.

The new round brings the Litmus funding total from $12.6M to $42.6M and will allow the company to scale sales, marketing, customer support and extend service and deployment to enterprise customers through various go-to-market channels. The company will expand its presence in EMEA and APAC while supporting fast-growing OEM relationships to provide customers with their Industrial IoT Edge platform that unifies data collection, data analytics, application enablement, and data integration.

With instant connectivity to hundreds of OT assets, Litmus Edge connects to all modern and legacy systems to unify OT data and provide a complete data picture across the enterprise. Manufacturers use that data to power use cases from condition monitoring to AI to improve performance, increase efficiency, and ultimately drive profitability. Litmus Edge is modern, rapid-to-deploy, and easy-to-use, providing OT, IT, and data science teams with all of the edge data they need, when they need it, to drive operational change.

Belden will partner with Litmus to expand the reach of both companies’ edge solutions.