Altizon provides the Datonis Industrial IoT platform, enabling enterprises to use machine data to drive business decisions across intelligent edge computing and business applications for smart manufacturing. Led by CEO Vinay Nathan, the company addresses manufacturing industry needs and reports a global footprint of over 100 enterprise users. The company is based in Scotts Valley, California. Altizon closed a $7M Series A+ financing to support its growth. The round was led by TVS Motor Company (Singapore) Pte. Limited with participation from existing investors The Hive, Wipro Ventures and Lumis Partners. The company intends to use the funds to strengthen its international presence and continue investments in IP development. Altizon provides Datonis™, an IoT development platform for enterprises in the manufacturing and cleantech sectors to develop applications for condition-based monitoring, predictive maintenance and machine learning. Datonis includes device connectivity kits, a device management layer, a real-time big-data analytics engine and alerting and monitoring services. Led by CEO Vinay Nathan, the company closed a $4M Series A financing. The company plans to use the funds to scale up its sales and marketing functions in India and globally. Rohit Bhayana of Lumis Partners will join Altizon’s board in conjunction with the funding. The business is based in Pune, India. Altizon offers a family of appliances and SDKs that drive data from sensors in industrial equipment into its Datonis™ platform, which it positions as a reference point for enterprises adopting IoT. The Datonis platform is available as both a SaaS and an on‑premise offering and performs large‑scale data ingestion and aggregation using Big Data technologies optimized for time‑series data. OEM and systems integration partners leverage the platform to build applications for operational efficiency, predictive maintenance, remote monitoring and consumer insight. Target industries cited include manufacturing, smart grid and connected health. The company is led by CEO and co‑founder Vinay Nathan alongside co‑founders Ranjit Nair (CTO) and Yogesh Kulkarni (COO). Altizon intends to use the recently raised funds to grow operations.

Total raised

$11M

Funding rounds

3

Latest round

Series A

Latest activity

Apr 2019