Iron-IQ Secures $3.5 Million in Series A  

by Kay Aloha Villamor in February 28th, 2022

Iron-IQ is a cloud-native IIoT SCADA Platform allowing you to remotely monitor and control any device from anywhere in the world, closed $3.5 million in Series A funding.

The round was led by Ascent Energy Ventures, with contributions from Greater Colorado Venture Fund and SCAPE to further expand the company’s offerings to oil and gas operators. 

This comes on the heels of the closing of several new contracts that rapidly expand Iron-IQ’s growth and reinforce industry-wide adoption. 

Company: Iron-IQ, Inc.

Raised: $3.5M

Round: Series A

Funding Month: February 2022

Lead Investors: Ascent Energy Ventures 

Additional Investors: Greater Colorado Venture Fund, and SCAPE

Company Website: https://iron-iq.com/company/

Software Category: cloud-native IIoT SCADA Platform

About the Company: Iron-IQ is a cloud-native IIoT SCADA Platform allowing you to remotely monitor and control any device from anywhere in the world that provides a complete turnkey solution that replaces legacy on-premise SCADA systems. Iron-IQ’s platform recently updated aits core experience to an enterprise offering, challenging the old guard that has dominated oil and gas SCADA. Patch-IQ℠ with alarming, control, IP-camera integration, custom logic layers, and advanced data integration is meant to change the nature of SCADA.

Source: https://iron-iq.com/press-release/iron-iq-secures-vc-funding/

 

 


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