Internet of things News
The 10 Coolest Industrial IoT Startups Of 2020
Dylan Martin
CRN looks at industrial IoT startups that made big moves this year, between new funding rounds, product launches, partnerships and executive hires.
Seeq
CEO: Steve Sliwa
Seeq‘s software runs advanced analytics on manufacturing data that companies are already collecting from sensors and machines, giving them the ability to monitor systems and do predictive maintenance.
The Seattle-based startup, which has a remote workforce, announced in January that it had raised a $24 million Series B round led by Saudi Aramco Energy Ventures, with participation from return investors Altira Group, Chevron Technology Ventures and Second Avenue Partners. The company then raised an additional $5.8 million in September from Cisco Investments and other investors.
The new funding arrived as the company said it had recruited more than 50 channel partners and customers across more than 40 countries, including British-Dutch oil and gas giant Royal Dutch Shell PLC as well as pharmaceutical heavyweights Merck and Roche.
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