Sight Machine Raises $13.5M

What does Sight Machine do?

Sight Machine, is a company which is leading the digital transformation of manufacturing. It is transforming how manufacturers use data so that they can solve their biggest problems. Manufacturers generate data across huge, distributed operations, but they cannot use it. fundamental forces are raising the necessity of using this data, which includes faster and more complex product cycles, which fast raises offshore labor prices, worldwide supply chains and increasing regulation. The company lacks real time insight, and manufacturers will be on defense constantly. This is leading to the significant and rapid investment in digitization. This company brings cloud intelligence to production; real time, automatic and comprehensive. Its software platform for factories constantly analyzes data from the sensors, info from factory software and images from cameras for improving quality, providing traceability and controlling operations.

How much Sight Machine was funded?

Sight Machine raised $13.54M in Series B on March 22, 2016 from Orfin Ventures, Mercury Fund, Huron River Ventures, IA Ventures, Oreilly AlphaTech Ventures,  Two Roads Group, Pritzker Group Venture Capital, GE Ventures and Jump Capital.

Previous funding

$5M in Series A on February 9, 2015 from Mercury Fund, Michigan eLab, Huron River Ventures, IA Ventures, Orfin Ventures,FundersClub and Oreilly AlphaTech Ventures.

What is next for Sight Machine?

The company is developing the technology which will bring all the companies to the realization of the brilliant factory. The company plans to use the latest funding raised for expanding its sales and marketing efforts and for continuing its technology development. It is working with some of the largest manufacturers in the world in life sciences, automotive and consumer goods for turning data from the factory floor into actionable insight.

More about Sight Machine

Sight Machine was founded in 2012 by Jon Sobel, Kurt DeMaagd, PhD, Nathan Oostendorp, Anthony Oliver and Adam Taisch. It has its headquarters in San Francisco, CA.