IIoT Analytics Software Company Seeq Secures $23M in Series B Funding

Funding Rounds

▤ Summary

Seeq Corporation , a Seattle, WA-based provider of manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, secured $23M in Series B funding.The round was led by the Altira Group with participation from Chevron Technology Ventures, next47, Second Avenue Partners and other existing investors.Led by Steve Sliwa, CEO and co-founder, Seeq provides software applications, Seeq Workbench and Seeq Organizer, which enable manufacturing organizations to analyze, predict, collaborate, and distribute insights to improve production outcomes.It is designed to run on-premise, on Microsoft Azure or Amazon Web Services cloud platforms, or in mixed on-premise and on-cloud deployments.Oil & gas, pharmaceutical, specialty chemical, utility, renewable energy and numerous other vertical industries use Seeq to improve production outcomes, including yield, margins, quality, and safety.

$ Funding

$
Amount $23.0M Total raised
□
Date July 18, 2018 Announcement date
◎
Investors - Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
General BI

◇ AskAI Classifications

Labels
Industrial Analytics Software AI and Machine Learning Software SaaS

▦ Linked Companies

Seeq
$10M to $25M