Amount Raised
$875,000
Round Type
Pre-Seed
PortlandInformation TechnologySoftwareData And AnalyticsDescription
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.
Quick answer
HighByte raised $875,000 in a Pre-Seed round, dated March 27, 2020. HighByte is based in Portland, Maine, United States.
- How much did HighByte raise?
- HighByte raised $875,000 in a Pre-Seed round on March 27, 2020.
- What does HighByte do?
- 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.
- Where is HighByte based and how big is it?
- HighByte is based in Portland, Maine, United States.
- Who are the decision-makers at HighByte?
- Fundz holds 4 contacts at HighByte, including the Chief Technology Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Software around the same time
Companies in the same sectors as HighByte that raised within 45 days of this round, from Fundz verified event records.
- Crosschq raised $1.5M (Seed) on May 11, 2020.
- StreamSets, Inc. raised $8.7M on May 7, 2020.
- BrainBox AI raised $12M (Funding Round) on April 28, 2020.
- Overjet raised $7.8M on April 21, 2020.
- Clarify Health raised $13M on April 17, 2020.
- VersusGame raised $995K (Seed) on April 15, 2020.
Who to call at HighByte, and when
A new round usually means HighByte is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day HighByte raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HighByte, from your own LinkedIn network
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Related People
HighByte raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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