Prometheus raises $100M Series A from UNDRCTRL Ventures

Prometheus has reached a significant milestone by raising $100M in Series A funding, led by UNDRCTRL Ventures. This substantial investment will allow Prometheus to accelerate its mission of transforming the device management industry, enabling organizations to streamline their operations and scale efficiently. With this new capital, Prometheus is well-positioned to expand its platform offerings and reach a broader market, driving forward its vision of more efficient and effective device control.

The funding will primarily be used to enhance Prometheus' automation capabilities, focusing on refining its powerful tools for managing large-scale device farms. This includes improving support for multi-device synchronization, API integrations, and advanced data analytics. By automating tasks and reducing manual workload, Prometheus aims to help businesses save time, lower costs, and optimize device performance across industries.

UNDRCTRL Ventures’ investment in Prometheus underscores the growing importance of automation in the technology sector. As organizations increasingly seek out scalable, tech-driven solutions to manage their devices, Prometheus is poised to become a leader in the space. This funding round marks a pivotal moment in the company’s journey, setting the stage for future growth and innovation in the device management market.