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Venture Capital News: Cumulus Raises $8M in Growth Capital

2021-01-20
BOSTON, MA, Cumulus Digital Systems has raised $8 million in strategic growth capital led by new investor GEC.
Cumulus Digital Systems has raised $8 million in strategic growth capital led by new investor GEC, with participation from existing investors Brick & Mortar Ventures and Shell Ventures.

Founded in 2018 as a spin-out from Shell, Cumulus Digital Systems connects workers, tools, and data to its cloud-hosted Internet of Tools platform to make industrial facilities safer, cleaner, and more productive. By collecting data from digitally enabled tools in the field, Cumulus' platform provides maintenance and construction managers with real-time quality assurance and progress tracking, eliminating costly and unnecessary rework on the job.
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