# IoTium funding: rounds and investors

> IoTium has raised $22M across 2 rounds since 2017. Investors include March Capital, Juniper Networks and GE. Every round with its source.

Source: https://millionrounds.com/company/iotium (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *IoTium*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Industry 4.0 Manufacturing

Funding summary Updated 26 Oct 2026

**$22M** raised across 2 rounds since 2017, from 2 sources

**$8.4M** Series A **$14M** Series B

- **Latest round:** Series B, $14M Sept 2018
- **Step-up i:** 1.6×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018

**$8.4M** Series A

**$14M** Series B

- **First round:** Series A, $8.4M
- **Biggest round:** $14M
- **Between rounds:** 16 months

## The rounds

- **Sept 2018** Series B **$14M** *5 new* [GE](https://millionrounds.com/fund/ge) [JC2 Ventures](https://millionrounds.com/fund/jc2-ventures) [Juniper](https://millionrounds.com/fund/juniper) Hanna March Capital Partners/ Honeywell Reported by FinSMEs SEC filing: $9.2M sold, first sale Aug 2018
- **May 2017** Series A **$8.4M** *4 new* [March Capital](https://millionrounds.com/fund/march-capital) [Juniper Networks](https://millionrounds.com/fund/juniper-networks) GE Ventures/ Pankaj Patel OpenSource Reported by FinSMEs

## Founders and team

From IoTium's own website and the SEC filings it signed: 7 on the team.

- **Nitesh Trikha** CEO
- **Dhruva Narasimhan** CTO
- **William Behn** Chief Dot Connector
- **Thyaga Krishnamurthy** VP of Engineering
- **Aaron Brondum** Senior Director Business Development
- **Ari Konikoff** Director of Sales, North America
- **Ron Victor** Executive Officer, Director, Promoter i

On the board, as filed i *Klaus Oestermann* *Pankaj Patel* *Rajan Raghavan* *Sumant Mandal*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2017 **Series B** 2018 [March Capital](https://millionrounds.com/fund/march-capital) [Juniper Networks](https://millionrounds.com/fund/juniper-networks) [GE](https://millionrounds.com/fund/ge) [JC2 Ventures](https://millionrounds.com/fund/jc2-ventures) [Juniper](https://millionrounds.com/fund/juniper) GE Ventures/ Pankaj Patel Hanna March Capital Partners/ Honeywell OpenSource

## Everyone who backed them

[March Capital](https://millionrounds.com/fund/march-capital) VC firm **1** round

[Juniper Networks](https://millionrounds.com/fund/juniper-networks) Growth equity **1** round

[GE](https://millionrounds.com/fund/ge) Corporate VC **1** round

[JC2 Ventures](https://millionrounds.com/fund/jc2-ventures) VC firm **1** round

[Juniper](https://millionrounds.com/fund/juniper) VC firm **1** round

GE Ventures/ Pankaj Patel no record of our own yet **1** round

Hanna no record of our own yet **1** round

March Capital Partners/ Honeywell no record of our own yet **1** round

OpenSource no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=iotium).

## Quick answers about IoTium

### Who invested in IoTium?

IoTium's investors include March Capital, Juniper Networks, GE, JC2 Ventures and Juniper, and 4 more on record.

### How much has IoTium raised?

IoTium has raised $22M across 2 rounds since 2017.

### When did IoTium last raise?

IoTium's most recent round was a Series B of $14M in Sept 2018.

### What was IoTium's biggest round?

Its most recent round, $14M in Sept 2018, is also its largest on record.

### Who backed IoTium first?

IoTium's first round on record, in May 2017, was backed by March Capital, Juniper Networks and GE Ventures/ Pankaj Patel and 1 others.

### What stage is IoTium at?

IoTium's latest named round is a Series B, in Sept 2018.

### Where is IoTium based?

IoTium is based in the United States.

## Companies like IoTium

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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