Who owns IOTA?

Industrial Growth Partners V, LP, a reputable investment firm, is known for its expertise in identifying and nurturing high-growth businesses. Its decision to acquire IOTA highlights the latter's potential for exponential growth in the coming years.

The partnership between Industrial Growth Partners V, LP, and IOTA's management team ensures a seamless transition and continuity in the company's operations. This collaboration also brings in valuable insights and resources that can help propel IOTA to new heights.

In addition to the acquisition, IOTA stands to benefit from the expertise and network of its new investors. This influx of capital and resources will undoubtedly fuel innovation and expansion, further solidifying IOTA's position in its industry.

The acquisition of IOTA by Industrial Growth Partners V, LP, in collaboration with its management and external investors, marked a significant milestone on February 24, 2017. This transaction saw the complete buyout of IOTA, underscoring the confidence and potential investors saw in the company's future prospects.

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