The funding round was led by 24Haymarket with participation from ACF Investors to drive international expansion.
"Monterosa's Interaction Cloud platform has demonstrated a unique value proposition to the Company's rights holder and media customers, allowing them to more successfully navigate changing consumer habits and optimise their revenue potential"
The funding round was led by 24Haymarket to support growth in the industrial intelligence sector.
"Even in its infancy, MAIO demonstrated how quickly industrial companies can start their journey to achieving sustainability, reducing energy consumption, material waste and better use of resources. As MAIO has matured, it has accelerated this process, providing the software infrastructure needed to achieve transparency of the manufacturing processes and running of remote assets. Transparency comes from the insights generated from the data collected, which provides the baseline to start making improvements. This investment goes a long way to helping our current and future customers achieve their transformation goals."
The funding round was led by 24Haymarket to support international growth and product expansion.
"Despite the global pandemic, we have been able to continue along an accelerated growth trajectory by being flexible, and pivoting our offering to meet changing customer needs and adapt to the challenging global operating environment,"