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Venture Capital News: Triax Technologies Raises $12.5M Series A

2021-06-18
NORWALK, CT, Triax Technologies has raised a Series A funding round of $12.5 million led by McRock Capital.
Triax Technologies, a leading Internet of Things (IoT) solutions provider connecting construction, energy, manufacturing and industrial worksites, has raised a Series A funding round of $12.5 million. The round was led by McRock Capital and included Connecticut Innovations.

Triax Technologies develops and delivers a fully connected loT worksite platform through a proprietary communication hub designed for industries such as construction, energy, oil & gas, manufacturing, mining, heavy industrial and other challenging IT environments.
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