General World News

C3 IoT, an almost failed startup founded by a colorful billionaire who was trampled by an elephant, has raised another $100 million

Jim Breyer, Founder and Chief Executive Officer, Breyer Capital; and Thomas M. Siebel, Chairman and Chief Executive Officer, C3 IoT)

  • C3 IoT has raised $100 million from investors that include U2 singer Bono and movie mogul Jeff Skoll.
  • C3 IoT was founded by billionaire Tom Siebel right before he was attacked by an elephant.
  • As Siebel wheel-chaired himself to meetings, his company nearly died.
  • He pivoted, restructured, and this round of funding is another triumph in the company’s come-back story.

If it’s true that it takes money to make money, then it’s no surprise that a startup called C3 IoT has investors drooling, even after its near catastrophic early days.

On Wednesday, C3 IoT announced it raised a $100 million round of read more >>>

Source:: BusinessInsider.Com