(Bloomberg) -- Billionaire Thomas Siebel has raised $70 million for his data analytics startup C3 IoT as investor enthusiasm for the so-called Internet of Things begins to wane.
TPG Capital's growth arm led the financing with a $60 million contribution. Sutter Hill Ventures, InterWest Partners and Siebel also participated in the round. Siebel and TPG declined to disclose the company's valuation.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access