Quantela, a smart city automation and artificial intelligence developer, says it is receiving a $10 million equity investment from Digital Alpha to scale its global business.
Digital Alpha will also fund innovative revenue-sharing financing for key public sector customers around the world.
Silicon Valley-headquartered Quantela is using the $10m investment by Digital Alpha for market expansion and to enable a deeper presence in strategic locations across the US and Europe. [Read more…] about Smart city technology developer Quantela to receive $10 million investment