Limble raises $58M at a $450M valuation to help orgs track and maintain ‘dumb’ physical assets

Limble raises $58M at a $450M valuation to help orgs track and maintain ‘dumb’ physical assets

a year ago
Anonymous $dkjhICK8vw

https://techcrunch.com/2023/06/22/limble-raises-58m-at-a-450m-valuation-to-help-orgs-track-and-maintain-dumb-physical-assets/

Advances in Internet of Things technologies promise to give organizations and us ordinary people an unprecedented view of all of the objects we own and use — where they are, how they’re working, and if they’re not working.

But what about the vast swathe of physical assets and environments that are not connected, and may not be for some years to come? Today, a startup called Limble — which has built a platform to track various ‘dumb’ and unconnected physical assets for businesses — is announcing $58 million in funding, money that it will be using to continue expanding the business.

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