Cisco’s VC arm invests in Seattle-based manufacturing analytics software startup Seeq – GeekWire

Cisco’s VC arm invests in Seattle-based manufacturing analytics software startup Seeq – GeekWire

Seeq raised another $28 million for its analytics software used by industrial manufacturers to collect and analyze data.

Founded in 2012, Seeq helps customers across various industries — oil and gas; food and beverage; metals and mining; etc. — better understand their data. It pulls numbers from sensors and instrument systems to help answer questions like, “When did the pump draw more than 38 kW?” or, “When was temperature colder than 100°F?” or, “How much of my product was manufactured under those conditions?”

Seeq works with data both on-premise and in the cloud. It has close partnerships with Amazon Web Services and Microsoft Azure.

Cisco Investments, the venture capital arm of Cisco, invested for the first time in the round, which is a Series B “expansion.” Saudi Aramco Energy Ventures, Altira Group, Chevron Technology Ventures, Second Avenue Partners, Next47, Siemens’ venture arm, and other previous backers also invested. Total funding to date in the 130-person company is $65 million.

Seeq is led by CEO Steve Sliwa, who started the company in 2012 after he sold unmanned aircraft maker Insitu to Boeing for a reported purchase price of $400 million in 2008.

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