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Funding

Infinite Uptime lands $5.15 million Series B

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Infinite Uptime logo
Date
Company
Infinite Uptime
What it does
Pune-California industrial IoT
Kind
Funding
Amount
$5.15 million
Stage
Series B
Based in
Pune
Founded
2015

What they do

VenturEast led the Series B, joined by Japan's THK and earlier backers Mayfield, GSR Ventures, IIML and GiTV

What happened

The money goes into growing in the US, Asia and Europe with remote machine monitoring for manufacturers

Why it matters

The company then served over 200 customers, including Daikin, Siemens, JSW, TVS Motors and Tata Steel, using sensors tracking vibration and sound

The details

  • VenturEast led a $5.15 million Series B in Infinite Uptime.
  • Japan's THK and four earlier investors took part.
  • The funds target growth in the US, Asia and Europe.
  • The platform had logged over 75 million running hours of machines.

Investors

About Infinite Uptime

Product
Real-time fault diagnostics and predictive maintenance for industrial machinery using vibration sensors and frequency analysis
Customers
Heavy manufacturing industries including cement, steel, metals, mining, FMCG, chemicals, oil and gas, power, pharma
How it makes money
Subscription-based SaaS model for predictive maintenance monitoring and diagnostics
What sets it apart
Proprietary frequency analysis of vibrations with AI to predict equipment failures before they occur

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