Thursday, July 19, 2018

Altira Group Leads Investment In IoT Software Startup Seeq

Denver-based venture investor Altira Group is the lead investor in Seattle-based Seeq, a developer of analytics software for the manufacturing and industrial internet-of-things (IoT) market. Seeq said it raised $23M in a Series B funding, which was led by Altira Group, and also also included Chevron Technology Ventures, next47, Second Avenue Partners and others. The startup, led by CEO and co-founder Steve Sliwa, said the funding will go to expand its development, sales and marketing resources, and also increase its presence in international markets. Altira Group provides venture capital funding to emerging oil and gas technology companies, has says it has invested over $1 billion since 1996 in over 50 companies. More information »