Revel Secures $150M In Series B Funding Led By Index Ventures For Expansion And Development

Revel, a software platform based in Los Angeles, raised $150 million in Series B funding. The investment round was led by Index Ventures with participation from multiple investors. The funds are intended for product development and expansion efforts.

Summary of transaction details:

• Deal Type: Series B
• Transaction Amount: $150,000,000
• Company Headquarters: Los Angeles, California
• Founder: Scott Morton
• Notable Investors: Index Ventures, Redpoint Ventures, Capital, Felicis, Abstract Ventures, Dylan Field

Founded by Scott Morton, Revel serves industries such as aerospace, defense, robotics, and advanced energy, focusing on building and monitoring complex physical systems. The company is poised for growth supported by its substantial funding and a strong investor base.