CoreTigo, a Netanya, Israel-based industrial wi-fi automation options supplier, closed its strategic and monetary funding spherical.
The spherical was led by Emerson Ventures, which joined CoreTigo’s portfolio of buyers, together with Cardumen Capital, Magma Enterprise Companions, Meron Capital, Qualcomm Ventures LLC, Sierra Ventures, Verizon Ventures, and Meitav Sprint Investments.
Led by Eran Zigman, CEO, CoreTigo affords an answer for manufacturing unit digitization and automation. With its IO-Hyperlink Wi-fi options, machine builders and producers can join units, acquire information from any machine in probably the most difficult areas, and attain new ranges of management flexibility over their equipment and tools.
The corporate’s options are addressing a number of industries, enabling machines and manufacturing traces to do extra by increasing each their flexibility and capability in an economical method.