Seeq Corporation, a leader in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, today announced it has secured $23M in Series B funding led by the Altira Group with participation by Chevron Technology Ventures, next47, the Siemens-backed global venture firm, Second Avenue Partners and other existing investors.
The funding enables Seeq to significantly expand its development, sales and marketing resources, and also increase its presence in international markets.
“Seeq leverages innovations in big data, machine learning, and open source technologies to enable plant operations, engineering and management personnel to find and share insights in a matter of minutes instead of days or weeks,” says Steve Sliwa, CEO and co-founder of Seeq Corporation. “Our collaboration with the Altira Group and other investors speaks to the need for new analytics offerings for manufacturing customers.”
