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HighByte Raises $875K Pre-Seed Round to Accelerate Growth

Mar 27, 2020•over 5 years ago

Amount Raised

$875,000

Round Type

seed

Portland

Description

 HighByte®, an industrial software company, today announced the close of its pre-seed round funded by independent angel investors and early-stage venture capital firms, including Maine Venture Fund and Switzerland-headquartered Momenta Ventures. Funding was received as $625K in convertible debt matched by a $250K long-term, low-interest loan from Maine Technology Institute (MTI). The financing provides HighByte with the capital runway needed for business development activities and additional R&D headcount in 2020.

Company Information

Company

High Byte

Location

Portland, Oregon, United States

About

HighByte is an industrial software development company in Portland, Maine building solutions that address the data architecture and integration challenges created by Industry 4.0. We've developed the first DataOps solution purpose-built to meet the unique requirements of industrial assets, products, processes, and systems at the Edge. Learn more at https://highbyte.com. HighByte is a registered trademark of HighByte, Inc.

Company News

(5 articles)
Thu, 27 Feb 2025 08:00:00 GMT

HighByte Launches API Builder for Industrial Data - Business Wire

Tue, 27 Jul 2021 07:00:00 GMT

HighByte Announces Major Release of Industrial DataOps Solution for Enterprise Deployments - PR Newswire

Fri, 28 Jan 2022 08:00:00 GMT

Connecting an Industrial Universal Namespace to AWS IoT SiteWise using HighByte Intelligence Hub - Amazon Web Services

Mon, 31 Mar 2025 07:00:00 GMT

HighByte Announces Support for Amazon S3 Tables - Business Wire

Wed, 05 Mar 2025 08:00:00 GMT

HighByte Joins The Smart Factory by Deloitte @ Wichita - Business Wire

FundzWatch™ Score

64
Medium Activity

Funding Insights

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