Tech Company Financing Transactions
MachineMetrics Funding Round
Ridgeline Ventures, Hyperplane Venture Capital and Tola Capital participated in a $20 million Series B funding round for MachineMetrics. The round was announced on 6/17/2021.
Transaction Overview
Company Name
Announced On
6/17/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
47 Pleasant St. 2-S
Northampton, MA 01060
USA
Northampton, MA 01060
USA
Phone
Website
Email Address
Overview
MachineMetrics opens a live view into production allowing workers to immediately react to manufacturing problems with real-time dashboards and notifications. Every second, data from each machine is stored securely and available for historical performance analysis and problem diagnosis. All this is available with minimal upfront cost.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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