Instrumental Inc., a Palo Alto, Calif.-based creator of the manufacturing optimization software category, secured $20m in Series B financing.
The round was led by Canaan with participation from Eclipse Ventures, Root Ventures, Stanford StartX Fund, and First Round Capital.
The company intends to use the funds to accelerate development of its platform.
Founded in 2015 by ex-Apple product engineers Anna-Katrina Shedletsky and Samuel Weiss, Instrumental provides a manufacturing optimization platform that enables hardware teams to accelerate time to market, reduce rework, derisk ramp, and increase yields by providing real time remote visibility into assembly and product data. Instrumental aggregates images from key states of assembly, uses AI and smart algorithms to uncover defects and issues, and contextually presents those issues in a traceable data record that can be accessed remotely. Users include such hardware companies as Motorola Mobility, Axon, P2i, Meraki, and others.
FinSMEs
30/07/2020