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Arduino Secures $32 Million in Series B Funding to Enter Enterprise Market

Arduino Secures $32 Million in Series B Funding to Enter Enterprise Market

▲ For more exciting content, please click on the blue words above and follow us!The open-source electronics platform Arduino recently announced that it has completed a $32 million Series B funding round, led by Robert Bosch Venture Capital (RBVC), with participation from Renesas Electronics, Anzu Partners, and ARM. The company revealed plans to use this funding to enter the enterprise market, "providing enterprise-level applications for the next generation of professional engineers."Arduino co-founder and CEO Massimo Banzi stated that many engineers from Generation Z and millennials around the world have grown up alongside Arduino. They are accustomed to Arduino's open-source hardware and software, as well as cloud services; as they enter the workforce, their related needs will also be brought into
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