Distence Ltd logo — Distributed intelligence - Disrupting industrial asset life...

Distence Ltd

Distributed intelligence - Disrupting industrial asset life cycle management | condence.io

Founded 2002 Finland Finland 5 employees Series B Total: $5.88M AI, Automation +3

General Information

Company Name Distence Ltd
Founded Year 2002
Location Finland Finland +2
Employees 5
Industries AI, Automation, Industrial +2
Funding Stage Series B
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About Distence Ltd

Distence Ltd, with the slogan "Distributed intelligence - Disrupting industrial asset life cycle management", is a pioneering company in the field of AI and IoT, bringing innovation to industrial asset management since its founding in 2002. Headquartered in Finland, Distence focuses on enhancing the intelligence of industrial assets using cutting-edge edge-computing and distributed intelligence technologies.

The company's primary offering is a digital information pipeline that seamlessly integrates remote assets with business processes. This capability allows clients to rapidly enter markets while minimizing technology-related risks, making the most of the burgeoning internet of machines era.

Distence's latest financial milestone was a €3.00M Series B investment round on 01 November 2019, led by investor Miston. This infusion of capital underscores confidence in Distence's reliable solutions and the growing demand for its proven technologies in industrial automation and machine learning sectors.

Taxonomy: Distributed Intelligence, Edge Computing, Industrial Asset Management, Machine Health Solutions, IIoT Platform, Remote Asset Monitoring, Prescriptive Health Management, Vibration Analysis, Condition Monitoring, Machine Learning Integration, Energy and Maintenance Savings, Rotating Machinery Solutions, Machine-to-Machine Communication, Industrial Internet Services, Cloud Technology Integration

Services & Products

Condition Monitoring of Rotating Machinery
Predictive and Prescriptive Maintenance Solutions
IoT Solutions for Industrial Environments
Data Analytics and Recommendations
Asset Scalability and Future-proofing

Target Customers

Industrial Maintenance Professionals OEMs Service Organizations Remote Service Centers Global Industrial Operations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 1 •••• •••• 01 Nov 2019
Growth Equity Vc •••••• 1 •••• •••• 01 Jun 2018
Series A •••••• - 01 Apr 2016

Distence Ltd Alternatives & Competitors

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Distence Ltd vs

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Distence Ltd vs
peaq
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FAQ About Distence Ltd

Distributed intelligence - Disrupting industrial asset life cycle management | condence.io
Distence Ltd was founded in 2002.
Distence Ltd is headquartered in Finland.
Distence Ltd operates in the following industries: AI, Automation, Industrial, IoT, Machine Learning.
Distence Ltd has approximately 5 employees.
Distence Ltd has completed 3 funding rounds, raising a total of $5.88M. The latest funding stage is Series B.
Distence Ltd offers: Condition Monitoring of Rotating Machinery, Predictive and Prescriptive Maintenance Solutions, IoT Solutions for Industrial Environments, Data Analytics and Recommendations, Asset Scalability and Future-proofing.
Top alternatives and competitors to Distence Ltd include Viking Analytics, ADS-TEC Industrial IT, peaq, Flowplus Oy, Alleantia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Distence Ltd and Viking Analytics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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