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Veros Systems locks in $4.3M Series B for industrial risk analytics platform

AI tech firm Veros Systems closed a $4.3 million Series B round of funding this week, led by five undisclosed investors.

The company develops machine learning solutions using electrical signal analytics that continuously monitor industrial assets without interruption. By predicting equipment failures before they occur, Veros Systems helps clients “increase uptime, improve efficiency and optimize maintenance.” ...Read more