IoT startup Infinite Uptime has raised $5.15 mn in a Series B funding round, led by Bengaluru-based private equity firm VenturEast. THK, Mayfield, GSR Ventures, IL&FS Investment Managers and GiTV, also participated in the round. Fresh funds will be used to expand presence in India, Japan, the Middle East and the USA. Infinite Uptime manufactures industrial automation enabling devices and also operates an industrial data analytics platform.

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