Industrial IoT startup MachineMetrics has raised $11.3 million in Series A funding. The company says the funding will enable it to “continue leading the endeavor to bring analytics to manufacturing”.
In a circular, the company says: “We intend to use every penny to give our customers a world-class experience through faster growth, focused innovation, quick product updates, custom features, improved service – and that’s just the start.”
Most importantly, adds the company, the funding has provided it with the opportunity to “preserve the secret sauce that has made MachineMetrics who we are today”. [Read more…] about Industrial IoT startup MachineMetrics raises $11.3 million in funding