120Water Secures $43M Growth Investment Led by Edison Partners
Growth equity investment firm Edison Partners today announced leading a $43 million growth investment in 120Water , a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures.
- Growth equity investment firm Edison Partners today announced leading a $43 million growth investment in 120Water , a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures.
- The new funds will be used to further expand the 120Water team, technology investments, and go-to-market efforts.
- The platform’s rapid adoption is driving a sharp increase in new customers and revenue growth of more than 60% annually.
- Since its inception in 1986, Edison has invested in more than 260 companies.