Via News Release
“ST. PAUL, Minn. & YEHUD, Israel–(BUSINESS WIRE)–Today, 3M New Ventures (3M’s corporate venture organization) announced an equity investment in TaKaDu, a leading provider of advanced analytics services to monitor water networks.
The cloud-based solution offered by TaKaDu takes available raw network data and uses sophisticated analytics to detect and predict network issues, improve incidence response times and monitor and mitigate operational issues in the water grid. The terms of the transaction were not disclosed.