TPG Leads $70M Funding In C3 IoT

Fort Worth-based private equity investor TPG Growth says it has led a new, $70M funding round in Silicon Valley-based C3 IoT, a developer of a development platform for the Internet of Things (IoT) market. TPG said the Series D funding round also included prior investors Sutter Hill, Interwest Partners, and Thomas Siebel. C3 IoT is based in Redwood City, California.