1. MachineMetrics Announces $20 Million Series B Funding Round

    MachineMetrics Announces $20 Million Series B Funding Round

    MachineMetrics, an industrial data startup that elevates manufacturing performance through autonomous machining, announced it has raised $20 million in Series B financing. The company will use the funding to scale its platform globally and democratize access to the machine insights that power manufacturing operations. “Manufacturing is on the brink of a digital renaissance. The intersection of software, big data, and physical machinery is the next frontier for manufacturing and a proven solution for overcoming the production and labor shortages we are experiencing right now,” said Bill Bither, co-founder and CEO of MachineMetrics. “Today’s industrial machines are inefficient because they ...

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