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Sageview Capital and Omega Venture Partners led a $41m Series B round in Elemental Machines.

Synopsis

Sageview Capital, an investment company, and Omega Venture, a venture capital firm led a $41m Series B round in Elemental Machines, a developer of the LabOps intelligence platform, with participation from Gutbrain Ventures and Digitalis Ventures. "Elemental Machines has established a leading position in the LabOps market with its family of value-add solutions and successful land-and-expand selling motion. Sageview's track record of helping scale technology businesses is a perfect fit for Elemental Machines at this stage of the company's lifecycle. Together with the company and management team we will amplify their go-to-market voice and help deliver continued efficient growth," Jeff Klemens, Sageview Capital Partner.

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