Seeq Company, one of many main manufacturing and Industrial Web of Issues (IIoT) superior analytics software program suppliers, has closed a US$50mn Collection C funding spherical, led by international enterprise capital and personal fairness agency Perception Companions
The spherical contains participation from current traders Saudi Aramco Power Ventures, Altira Group, Chevron Know-how Ventures, Cisco Investments and Second Avenue Companions. This spherical brings Seeq’s complete funding since inception to roughly US$115mn.
Seeq allows engineers and scientists in course of manufacturing organisations to quickly analyse, predict, collaborate and share insights to enhance manufacturing and enterprise outcomes. Seeq clients embrace firms within the oil and fuel, pharmaceutical, chemical, power, mining, meals and beverage, and different course of industries.
Steve Sliwa, CEO and co-founder of Seeq, mentioned, “By leveraging massive information, machine studying, and laptop science improvements, Seeq is enabling a brand new era of software-led insights.”
“Seeq has established themselves because the chief in course of manufacturing and IIoT analytics, and we consider they may proceed to remodel the way in which firms discover and share insights and make quicker selections,” added Matt Koran, vice-president at Perception Companions. “The corporate has achieved unbelievable progress thus far, and we’re excited to accomplice with them to assist execute their imaginative and prescient for a brand new era of machine-learning enabled analytics.”
Seeq’s complete set of purposes for analysing and sharing insights on course of manufacturing information contains Workbench for simple to make use of superior analytics, organiser for publishing studies and dashboards, Knowledge Lab for accessing Python libraries, and Cortex for IT governance, information connectivity, and calculation options.