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Wellington Management led a $38m Series B round in AssetWatch.

Synopsis

Wellington Management, a global independent asset management firm, led a $38m Series B round in AssetWatch, a condition monitoring and predictive maintenance organization, with participation from G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund. "The Series B investment is a testament to the significant potential of predictive maintenance and our vision at AssetWatch. With the support of our incredible investors, we're poised to further accelerate our mission to transform the maintenance and reliability landscape across industries worldwide," Brian Graham, AssetWatch CEO.

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