Seeq raised $50 million in a Series D funding round led by Sixth Street Growth to enhance its industrial analytics and AI capabilities.
Seeq raised $50 million in a Series D funding round led by Sixth Street Growth to enhance its industrial analytics and AI capabilities.
08/08/24, 9:08 AM
Location
seattleMoney raised
$50 million
Industry
information technology
Round Type
series d
Investors
Saudi Aramco Energy Ventures, Second Avenue Partners, Altira Group, Insight Partners, Sixth Street Growth
Seeq, a leader in industrial analytics, closed a $50 million Series D funding round led by Sixth Street Growth with participation from existing investors. This investment will support Seeq's growth and ability to cater to the critical needs of its customers across various industries.
Company Info
Location
1301 second avenue
seattle, washington, united states
Additional Info
Seeq Corporation develops software and services that accelerate industrial process analytics on industrial process data.
Industrial process data is the collection of time-series data, events, and signals, as well as related contextual data, generated by production and manufacturing organizations. Due to the high volume, velocity, and variety of these data streams, industrial process data typically requires extensive manipulation to enable insight and analytics.
Seeq's sophisticated yet easy-to-use analysis tools are applicable for industrial markets like oil refineries, pharmaceuticals, and energy production.