Last deal

$20M

Amount

Series B

Stage

16.06.2021

Date

6

all rounds

$37.7M

Total amount

General

About Company
MachineMetrics is an Industrial IoT analytics and machine monitoring platform.

Industry

Sector :

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founded date

11.05.2015

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The platform provides real-time manufacturing production data, predictive notifications, and historical analytics to empower factory workers to make faster, smarter decisions. MachineMetrics simplifies IoT for the shop floor and is driving manufacturing efficiency by more than 20% on average. The platform offers universal machine connectivity, cloud data infrastructure, and communication workflows that optimize machine operation. Hundreds of manufacturers have connected thousands of machines to MachineMetrics, enabling them to improve machine performance and productivity, increase capacity utilization, and remain globally competitive.
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