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Industrial IoT firm Seeq raises $50m Series C funding to power international push

Seattle-based industrial analytics company Seeq has closed a $50 million Series C funding round, led by global venture capital and private equity firm Insight Partners. The new funding means the firm, a star of industrial IoT on the venture capital scene, has achieved the...

Seeq teams up on industrial IoT for utilities, oil and gas, manufacturing in Asia Pacific

Seattle-based industrial analytics company Seeq, a star of industrial IoT on the venture capital scene, is targeting the power and utilities, oil and gas, semiconductor, chemical, and process manufacturing industries, after striking a deal with Philippines-based industrial IoT provider Calibr8 Systems. Seeq, founded in 2014,...

VC roundup: New year deals for industrial IoT providers Seeq, Armis, Machfu, WITRAC

  Industrial IoT firm Seeq raises $24 million from equity sale Seattle-based industrial analytics company Seeq has raised $24 million from investors, according to a report in Computer Reseller News. Seeq has sold $24.3 million of equity to an unnamed investor group, according to the report, which...

Venture capital flows for industrial IoT startups – 2018’s biggest bets on Industry 4.0

A slew of enterprise funds and venture capital has been staked on the enterprise-facing internet-of-things (IoT) sector in recent months, as vendors have got a better grasp of the technology and industrialists have got a better grip of digital transformation at last. Most investments in...

IIoT start-up proclaims “internet moment” after bagging $11.3m Series A funding

The digital transformation of manufacturing is about to break big, reckons US industrial IoT and AI startup MachineMetrics, after raising $11.3 million in Series A funding for its factory analytics solution. “Now is the internet moment for manufacturing,” stated William Bither, the company’s chief executive...

Investor confidence rises as venture capital funds start to flow into IIoT market

Investor confidence in the burgeoning industrial ‘internet-of-things’ (IIoT) market is up, reckon industry commentators. A slew of enterprise funds and venture capital has been staked on the sector’s growth in recent months, as vendors have got a better grasp of the technology and industrialists have...