Uptake, a Chicago, IL-based predictive analytics software provider, secured $117m in Series D funding.
The round was led by Baillie Gifford, with participation from existing investors Revolution Growth and GreatPoint Ventures.
The company intends to use the funds to accelerate its global expansion in key industries.
Founded in 2014 by CEO Brad Keywell, Uptake provides a SaaS based predictive analytics software platform that enable companies to harness industrial data inside their business, surfacing employees’ best work and keeping machines functioning at peak performance.
The company, which operates within eight industries, monitoring equipment across the globe, now employs roughly 800 people.