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.
The company intends to use the funds to expand its development, sales and marketing resources, and also increase its presence in international markets.
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.