Series A, B, C – Scale-up, Scale-out!
The Internet of Things (IoT) Analytics, ranging from edge to core cloud intelligence, is a growing market with several interesting players emerging. Seeq is one of those players and is making waves in the Industrial IoT analytics. In April 2021, the vendor managed to secure a US$50 million Series C Funding Round led by Insight Partners. The round includes participation from existing investors: Cisco Investments, Chevron Technology Ventures, Saudi Aramco Energy Ventures, and Altira Group. This round brings Seeq’s total funding since inception to approximately US$115 million. Seeq has already been positioned as a solid industrial player in the Manufacturing (CA-1266), Oil and Gas (AN-5322), and Pharma industries (IN-5877).
With Series C funding, it is expected for Seeq to scale their business further. Hence, it was a no surprise when the vendor announced the new version of its latest product for manufacturing data discovery/migration—with Amazon Web Services (AWS), which includes the Seeq and AWS Glue integration for Enterprise Historians.
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