KETOS Closes $18 Million in Series B Funding to Accelerate Operational Intelligence Driven by Water Insights

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Cision News

KETOS, an award-winning water intelligence and analytics innovator, today announced it has closed on $18 million in financing. The round was led by Motley Fool Ventures with participation from Citi and Illuminated Funds Group as new investors. They join existing investors Rethink Impact, Ajax Strategies, Better Ventures, Plum Alley Investments and Broadway Angels who all participated with their continued endorsement of KETOS’ robust progress and market traction. This round takes KETOS’ total funding to $30 million, since the company’s launch in 2015.

With the need for increased Industry automation and data-driven decision-making across water-intensive sectors, KETOS offers a fully integrated, EPA-compliant solution with intelligent hardware, stable connectivity infrastructure, an interactive software platform and actionable data. The holistic solution helps solve critical water efficiency and quality challenges with real-time monitoring, delivering predictive intelligence and mission-critical insights, which is further amplified with the pandemic.

 

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