Arch Systems announced it raised $4.5 Million in an initial filing from an offering of $7.5 Million
07/14/23, 6:18 PM
Location
palo alto
Money raised
$4.5 million
Industry
information technology
Round Type
seed
Company Info
Location
380 portage ave.
palo alto, california, united states
Additional Info
Arch builds expert data solutions that objectively observe and optimize manufacturing processes, driving decision intelligence for today's manufacturing industry.
Arch Systems is an Industrial IoT company originally out of Stanford University. We specialize in connecting manufacturing equipment to the cloud. Our technology makes it easy to retrofit both new and legacy machines, across vendor types and models, to extract data and transform it into insights. This solution is particularly ideal where you have a mix of machines and people with manual and semi-manual operations. Machine utilization (up time vs down time), performance (counting every piece, counting operations and validating patterns, etc.), anomaly detection, and predictive maintenance are all available. Arch can be the cornerstone of a new Industry 4.0 solution, or we can integrate this data with in-house systems to accelerate existing Industry 4.0 or automation initiatives.