Announced
Completed
Financials
Tags
Software
Completed
Acquisition
software development
Venture Capital
United States
application development platform
Minority
Private
Friendly
Private Equity
Cross Border
Synopsis
Insight Partners, a venture capital and private equity firm, led a $100m Series C funding round in Tulip Interfaces, an operator of a manufacturing development platform intended to digitally transform factories. Other investors include Pitango Growth, TIME Ventures, DMG MORI, NEA, and Vertex Ventures. "About 1 in 5 global workers are frontline operators who are fundamentally deskless. Their work environments are highly complex with work cells, sensors, benches, conveyor belts, and back-end systems in what constitutes a physical and digital environment, and they need a platform that is just as dynamic to support all the moving pieces. Just like knowledge workers, frontline workers need access to the right tools to get the data they need to stay competitive and to future-proof their operations," Natan Linder, Tulip Co-Founder and CEO.
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