CEO: Bill Bither
MachineMetrics is an industrial IoT startup that provides real-time analytics software for small to midsize manufacturers.
The Northampton, Mass.-based startup has raised $2 million in funding from investors, including hardware incubator Bolt. Its software uses machine-learning algorithms on data from CNC machines to recognize when the machines are running under capacity or require maintenance.
The company's partner program, which targets IT consultancies, machine tool companies and machine tool distributors, promises more profitable service contracts.