Arundo Analytics builds cloud-based, edge-enabled software to deploy and manage enterprise-scale industrial data science and machine learning. Its platform is purpose-built for deep industrial data science and enables applications such as equipment monitoring and sensor anomaly detection. The company targets operators, OEMs and service companies in asset-heavy sectors that struggle to capitalize on operational data due to legacy assets and harsh operating conditions. Arundo cites a heritage in the maritime industry and says its software lets customers drive business value from operating data in days or weeks rather than months or years. It plans to use the new financing to expand sales and marketing across oil & gas, maritime, mining, chemicals, power and manufacturing, and to grow engineering and data science teams in Houston, Oslo and Palo Alto, with recent hires in Lausanne and London. Financially, Arundo announced an initial closing of a $25 million Series A and has raised over $32.5 million since its 2015 founding.

Total raised

$25M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2018