3DSignals, a Kfar Sava, Israel-based developer of sound-based predictive maintenance systems, raised $3m in seed funding.
The round was led by Grove Ventures with participation from additional investors.
The company intends to use the funds to expand operations and target the U.S. market.
Led by Amnon Shenfeld, CEO, 3DSignals develops and offers a proprietary hardware and software platform that allows maintenance engineers and technicians to listen to their machines with remote ultrasonic sensors, anticipate problems with real-time alerts, and prevent critical failures with predictive analytics.
The solution is applicable to a broad range of use cases for remote monitoring of industrial and manufacturing plant equipment such as production line machinery, cutting equipment, hydroelectric generators, wind turbines and other machines such as hydraulics, motors, compressors, robotics, bearings, and gearboxes.
FinSMEs
05/10/2016