IoT startup Particle reels in $40M round co-led by Qualcomm – SiliconANGLE

IoT startup Particle reels in $40M round co-led by Qualcomm – SiliconANGLE

Particle Industries Inc., a supplier of hardware and software for enterprise “internet of things” projects, today announced that it has raised $40 million in funding.

The round was led by Qualcomm Inc.’s venture capital arm and Energy Impact Partners, an investment firm that bets on startups on behalf of a consortium of major utilities. More than half a dozen existing Particle backers contributed as well.

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