RIO DE JANEIRO, BRAZIL - App programming interface (API) startup Sensedia on Tuesday announced it has received a R$120 (US$23) million investment round led by Riverwood Capital.
According to Sensedia, the investment funds will be used to expand its product offering and for geographic expansion, including overseas.
"We are a fast-growing company and the partnership with Riverwood will further accelerate our ability to respond to international demands," said Sensedia co-founder and executive Marcilio Oliveira in a statement.
The startup founded in 2007 says it has seen a 160% increase in demand for its API platform over the . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here