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Synopsis
General Catalyst, a private equity company, led a $45m round in Tractian, a leader in industrial IoT and enterprise asset management software. “Introducing pivotal changes to maintenance operations is key to global resilience and we believe Tractian has an opportunity to build a global industrial intelligence platform in a market that is currently underserved. Tractian’s team demonstrates an incredible ability to iterate on products at a rapid pace. They do this by partnering closely with customers who strive to take availability, safety, and reliability to the next level as they modernize industrial asset management,” Trevor Oelschig, General Catalyst Managing Director.
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