it’s building. Pittsburgh-based start-up Petuum has raised $93m in a series B funding round led by SoftBank and featuring participation from existing investor Advantech Capital, among others. The company is developing an app that will allow users to track their pets’ health over time, with the aim of helping pet owners make better decisions about how much time they spend caring for them. CEO Eric Xing said the new funds would be used to hire engineers, salespeople and marketers to help commercialise its software.
Pittsburgh-based start-up Petuum has raised $93m in a series B funding round led by SoftBank and featuring participation from existing investor Advantech Capital, among others. The company is developing an app that will allow users to track their pets’ health over time, with the aim of helping pet owners make better decisions about how much time they spend caring for them. CEO Eric Xing said the new funds would be used to hire engineers, salespeople and marketers to help commercialise its software.