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MachineMetrics logo — The Production Intelligence Platform for discrete manufactur...

MachineMetrics

The Production Intelligence Platform for discrete manufacturing.

Founded 2014 United States Easthampton, United States 54 employees Series B Total: $37.65M Analytics, Automation +3

General Information

Company Name MachineMetrics
Founded Year 2014
Location United States Easthampton, United States
Employees 54
Industries Analytics, Automation, Internet +2
Funding Stage Series B
Social

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About MachineMetrics

MachineMetrics is a leading machine data platform for manufacturing, offering the first Industrial IoT Platform for Machines. Their focus is on transforming analytics into actionable insights, achieved through universal machine connectivity, cloud data infrastructure, and communication workflows that optimize machine operation. The platform is extensible both in the cloud and at the edge, enabling manufacturing companies to digitize legacy processes and drive profitability. With hundreds of manufacturers already connected and thousands of machines linked to MachineMetrics in global factories, the platform is proving instrumental in delivering timely, pertinent information to enhance machine performance, productivity, and capacity utilization. This enhances companies' ability to remain globally competitive. The company was founded in 2015 and is headquartered in the United States. The latest milestone for MachineMetrics is the $20.00M Series B investment on 16 June 2021, with participation from Hyperplane, Tola Capital, Teradyne, and Ridgeline. This significant funding round underscores investor confidence in the potential of MachineMetrics and its Industrial IoT platform in revolutionizing the manufacturing sector. The industries it operates in include Analytics, Automation, Internet, Manufacturing, and SaaS.

Business keywords: Industrial IoT Platform, Manufacturing Analytics, Machine Monitoring, Predictive Analytics, Industrial Automation, Internet of Things, Digital Factory, Industry 4.0, Shop Floor Visibility, Machine Data, Cloud Data Infrastructure, Lean Manufacturing, Startup, Data Connectivity

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $20.00M 4
Hyperplane Tola Capital Teradyne
Hyperplane, Tola Capital +2
16 Jun 2021
Convertible Note $270.00K 1
MassVentures
MassVentures
01 Apr 2020
Series A $11.30M 6
Hyperplane Hub Angels MassVentures
Hyperplane, Hub Angels +4
11 Dec 2018
Seed Round $4.00M 6
Hyperplane Bolt Hub Angels
Hyperplane, Bolt +4
22 Dec 2016
Venture Round $2.08M -
04 Nov 2016
Venture Round Undisclosed 2
LRV Health River Valley Investors
LRV Health, River Valley Investors
30 Jun 2015

MachineMetrics Alternatives & Competitors

View All Alternatives
MachineMetrics vs
Arch Systems
Arch Systems United States

Offering AI-powered data solutions that amplify factory expertise and unlock intelligent actions acr...

Venture round
82 employees
AI, Analytics
Compare MachineMetrics vs Arch Systems
MachineMetrics vs
IoTFlows
IoTFlows United States

Maximize Production. Minimize Downtime.

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MachineMetrics vs
ulalaLAB
ulalaLAB Korea South

Happiness Driven by Technology

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FAQ About MachineMetrics

The Production Intelligence Platform for discrete manufacturing.
MachineMetrics was founded in 2014.
MachineMetrics is headquartered in Easthampton, United States.
MachineMetrics operates in Analytics, Automation, Internet, Manufacturing and SaaS. Its work centres on Industrial IoT Platform, Manufacturing Analytics, Machine Monitoring and Predictive Analytics.
MachineMetrics has approximately 54 employees.
MachineMetrics has completed 6 funding rounds, raising a total of $37.65M. The latest funding stage is Series B.
Top alternatives and competitors to MachineMetrics include Arch Systems, IoTFlows, ulalaLAB, FreePoint Technologies, Operations1. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MachineMetrics and Arch Systems 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.

Source: BounceWatch company record for MachineMetrics, https://bouncewatch.com/company/machinemetrics, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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