Menlo Park, Calif., and Petach Tikwa, Israel—January 25, 2016—mPrest, a global provider of mission-critical monitoring and control software for the Internet of Things (IoT), announced today that it has raised a $20 million Series A round of funding. The round was led by GE Ventures, the venture arm of GE, and OurCrowd, one of the world’s leading equity crowdfunding platforms. mPrest will use the investment to expand its international presence in the industrial and commercial markets and rapidly scale to meet the soaring needs of the IoT world.
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