Seeq raised another $28 million for its analytics software utilized by industrial producers to gather and examine data.
Founded in 2012, Seeq facilitates clients across numerous industries — oil and gas; meals and beverage; metals and mining; etc. — higher recognize their data. It pulls numbers from sensors and instrument systems to assist answer questions like.
“When did the pump draw more than 38 kW?” or, “When was temperature chillier than 100°F?” or, “How much of my product was synthetic under those conditions?”
Seeq works with information both on-premise and in the cloud. It has near partnerships with Amazon Web Services and Microsoft Azure.
Cisco Investments, the venture capital arm of Cisco, invested for the primary time in the round, that is a Series B “expansion.” Saudi Aramco Energy Ventures, Altira Group, Chevron Technology Ventures, Second Avenue Partners.
Next47, Siemens’ venture arm, and different preceding backers additionally invested. Total investment to date in the 130-person organization is $sixty five million.
Seeq is led through CEO Steve Sliwa, who began out the organization in 2012 after he offered unmanned aircraft maker Insitu to Boeing for a reported purchase charge of $four hundred million in 2008.
