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MachineMetrics
AddedFeb 15, 2024
UpdatedJun 18, 2026
MachineMetrics

MachineMetrics

Series B

MachineMetrics: Transforming manufacturing with IoT, optimizing machine operation through universal connectivity and data analytics.

HQ
Northampton, MA, US
Founded
2015
Overview
Compare
Fundraising
Employees
Website

Founded in 2014, MachineMetrics is a pioneering Industrial IoT platform focused on transforming the manufacturing industry. Their core mission is to optimize machine operations through universal connectivity and advanced data analytics, turning raw machine data into actionable insights. The company offers real-time machine analytics on utilization, cycle times, downtime, and setup, eliminating the need for manual data entry. Their market focus is on manufacturers looking to enhance productivity and efficiency through smart technology.

Notable figures affiliated with MachineMetrics include co-founders Bill Bither and Eric Fogg. The company has attracted significant investment from prominent venture capital firms like Tola Capital and Hyperplane Venture Capital. Key achievements include widespread adoption of their platform across various manufacturing sectors, leading to substantial improvements in operational efficiency for their clients. MachineMetrics has made a significant impact by enabling manufacturers to harness the power of IoT for smarter, data-driven decision-making.

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MachineMetrics - Quick Facts

Who are MachineMetrics' competitors?

Companies similar to MachineMetrics include Sight Machine, Conviot, Automation Intellect and IoTFlows Inc.

When was MachineMetrics founded?

MachineMetrics was founded in 2015.

Where is MachineMetrics' headquarters located?

MachineMetrics' headquarters is located in Northampton, MA, US.

When was MachineMetrics' last funding round?

MachineMetrics' most recent funding round was for $20M (USD) in June 2021.

How much has MachineMetrics raised to-date?

As of Jun 16, 2021, MachineMetrics has raised a total of $37.7M (USD).

How many employees does MachineMetrics have?

MachineMetrics has 55 employees as of Feb 5, 2024.

MachineMetrics - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • IoT
Geographic Exposure
  • Global
Revenue
  • Recurring
  • SaaS
Customer
  • Enterprise
Main Product
  • Analytics
  • IoT Platform
Tags
  • Manufacturing
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software
ISIC
  • 1820Reproduction of recorded media
Show 13 more industry codes
NAICS
  • 334100Computer and Peripheral Equipment Manufacturing
  • 334600Manufacturing and Reproducing Magnetic and Optical Media
  • 518000Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 518200Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
  • 334110Computer and Peripheral Equipment Manufacturing
  • 334610Manufacturing and Reproducing Magnetic and Optical Media
  • 518210Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
SIC
  • 5700Home Furniture, Furnishings, And Equipment Stores
  • 5730Radio, Television, Consumer Electronics, And Music Stores
  • 5734Computer And Computer Software Stores
  • 7379Computer Related Services, Not Elsewhere Classified