On January 4, 2022, Tectus Corporation closed the transaction. The company has amended the terms of the transaction and has now received $45,000,000 in its second tranche closing and an aggregate of $96,000,000 in the transaction. The transaction included participation from new investors Amazon Alexa Fund, Amazon.com Inc., Investment Arm, PTC Inc., Edge Investments Limited, HiJoJo Partners, Inc. and others, existing investors including New Enterprise Associates, Inc., Liberty Global Ventures Holding B.V., Dolby Family Ventures, L.P., Motorola Solutions Venture Capital, AME Cloud Ventures, LLC, Advantech Capital, Open Field Capital LLC.

The company has raised $205,000,000 in funding till date.