ioCurrents Raises $5M in Series A-1 Funding

iocurrentsioCurrents, a Seattle, WA-based maritime data analytics company, closed a $5M Series A-1 financing.

The round was led by Imagen Capital Partners.

The company intends to use the funds to accelerate a broader roll-out of its innovative MarineInsightâ„¢ data analytics platform.

Led by Cosmo King, co-founder and Chief Executive Officer, ioCurrents is a maritime data analytics company that has developed a machine learning-based analytics platform, MarineInsightâ„¢, which aggregates diverse data sets into actionable insights for the maritime industry.
Using a combination of edge and cloud-based computing, MarineInsightâ„¢ provides operators and fleet managers with descriptive, predictive, and efficiency analytics for engines, generators, and other vessel assets to improve efficiency, increase safety, and identify and prevent failures.

FinSMEs

26/03/2019

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