Wipro leads $4 mn Series A funding in Altizon
Pune-based Internet of Things startup Altizon Systems on Monday raised $4 million in Series A funding round led by Wipro Ventures. By investing $1.4 million, Wipro Ventures picked up a minority stake in Altizon. Lumis Partners and existing investors The Hive and Infuse Ventures also participated in the round. Founded in 2013, Altizon lets companies build their own IoT product.