Particle raises $40M

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Internet of Things (IoT) platform company Particle has raised $40 million in a Series C funding round. The investment was led by Qualcomm Ventures and Energy Impact Partners.

Existing investors Root Ventures, Bonfire Ventures, Industry Ventures, Spark Capital, Green D Ventures, Counterpart Ventures, and SOSV also participated in the funding.

Particle has raised $81.3 million to date.

[Image courtesy: Particle]