{"id":578279,"date":"2024-03-27T09:11:06","date_gmt":"2024-03-27T13:11:06","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=578279"},"modified":"2024-03-27T09:11:06","modified_gmt":"2024-03-27T13:11:06","slug":"viam-brings-in-45m-to-accelerate-enterprise-partnerships","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/viam-brings-in-45m-to-accelerate-enterprise-partnerships\/","title":{"rendered":"Viam brings in $45M to accelerate enterprise partnerships"},"content":{"rendered":"
\"Viam<\/a>

Viam is a tool for developing software that comes with the cloud services necessary to prototype and build robots quickly. | Source: Viam<\/p><\/div>\n

Viam, which offers a software platform for smart machines, yesterday announced that it has raised $45 million in Series B funding. This latest round brings the company’s total funding to date to $87 million.<\/p>\n

Eliot Horowitz, co-founder and former chief technology officer of MongoDB, founded Viam in 2020. The New York-based company<\/a> said the latest investment will enable it to accelerate enterprise partnerships, drive commercial innovation, and further develop its open-source platform.<\/p>\n

\u201cThis investment affirms Viam\u2019s commitment to innovation and strengthens our vision to empower developers with intuitive, powerful, and flexible tools that help transform the way software powers hardware,\u201d stated<\/a> Eliot Horowitz, founder and CEO, Viam. \u201cWhether you\u2019re in IoT [Internet of Things], robotics, smart home, or industrial automation, we\u2019re empowering the next generation of startups, developers, and enterprises to move quickly and build better.\u201d<\/p>\n

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\"SITELearn from Agility Robotics, Amazon, Disney, Teradyne and many more.<\/a><\/p>\r\n\r\n\r\n

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Viam provides platform for scalable development<\/h2>\n

Despite recent advances in artificial intelligence and machine learning and the prevalence of cloud and edge computing, software made to manage hardware has only made moderate gains, according to Viam.<\/p>\n

This kind of software has been stymied by proprietary systems specific to individual machines, sensors, and equipment, the company asserted. This has led to complex constraints that frustrate developers, impede growth, and stifle progress, it said. <\/p>\n

Horowitz has experience in enterprise cloud computing from MongoDB, which is a source-available, cross-platform, secure, high-availability cloud database solution<\/a>. That company said it is integrated into a number of enterprise applications used every day by millions of people.<\/p>\n

Horowitz said he established Viam with the intent of establishing a similar platform for robotics development. He foresaw the need for software based on safe and performant cloud-computing principles as robotics progressed from point solutions to connected swarms of mobile robots and cloud-monitored systems.<\/p>\n

Viam is a modular, interoperable, and open-source software platform that works across all hardware and any fleet of machines. In addition, its open architecture can remove costly and complex barriers to working with physical devices, the company<\/a> claimed.<\/p>\n

All of these features can speed up developer velocity and democratize access to open data. Viam added<\/a> that this data can be used to inform AI and accelerate innovation in critical sectors such as industrial manufacturing, energy, and climate. <\/p>\n