HighByte raised $12 million in a Series A funding round led by Standard Investments to accelerate growth in the industrial DataOps market.
Amount Raised
$12 Million
Round Type
Series A
PortlandInformation TechnologySoftwareData And AnalyticsInvestors
Description
HighByte, an industrial software company, has announced its Series A funding round led by Standard Investments, with participation from existing investors including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders. The new funds will be primarily allocated across research and development, strategic partner management, and customer success to accelerate market penetration and expand deployments within existing accounts.
Quick answer
HighByte raised $12 Million in a Series A round, dated April 23, 2024. Investors: Maine Venture Fund, Exposition Ventures and Standard Investments. HighByte is based in Portland, Maine, United States.
- How much did HighByte raise?
- HighByte raised $12 Million in a Series A round on April 23, 2024.
- Who invested in HighByte?
- Maine Venture Fund, Exposition Ventures and Standard Investments are named as investors in this round.
- 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.
- Twelve Labs raised $50M (Series A) on June 4, 2024.
- Cohere raised $450M (Funding Round) on June 4, 2024.
- Astronomer raised $3.5M (Seed) on May 31, 2024.
- Fulcrum raised $16M on May 29, 2024.
- Gravity raised $1M (Seed) on May 28, 2024.
- Health Catalyst raised $2.5M (Seed) on May 24, 2024.
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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Funding Insights
What this usually meansHighByte 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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