Glassbeam is a pioneer in machine data analytics for connected medical equipment, operating a patented cloud-based platform that transforms and analyzes multi-structured machine data. Its flagship product, Glassbeam Clinsights™, uses AI and machine learning to deliver proactive alerts, predictive notifications and prescriptive recommendations for clinical engineering and smart maintenance. The platform automates collection and analysis of high volumes of complex data from heterogeneous endpoints to improve equipment uptime and utilization. Glassbeam plans to refine and expand its analytical capabilities and to scale global commercial infrastructure including sales, marketing, product, and customer success to meet market demand. The company reports doubling its annual recurring revenue since 2018 and serves 75+ customers across 200+ U.S. facilities, including Canon Medical Systems, MultiCare Health System, UCSF Health, Scripps Medical, and Harris Health. Glassbeam is positioning its technology to support a broader Smart Hospital ecosystem through partnerships and strategic investments. Glassbeam offers an end-to-end cloud platform and application suite built to ingest, parse, organize and analyze high-volume, high-velocity machine log data using a scalable parsing/ETL engine and NoSQL architecture. The platform provides multi-tenancy, security/compliance controls, a Log Vault, search and analysis tools, ad-hoc analytics workbench, rules & alerts, and APIs for integration. Glassbeam targets manufacturers of connected IT and non-IT machines and is expanding into markets such as medical devices to deliver support analytics, product-usage intelligence and new service revenue. The company was incubated inside Orchesys and launched to market in 2009 and is based in Santa Clara, CA. As of the article, Glassbeam has about 35 employees, five major customers (including IBM, HDS, Aruba Networks, Meru Networks and Dimension Data), tracks roughly 20,000 connected machines and ingests about 7.5 billion sensor readings per day, with a data warehouse growing into terabytes. Its stated value props include reducing mean time to resolution for support, surfacing truthful product-usage insights, and enabling proactive account intelligence for sales and service teams. Glassbeam is a machine data analytics company that helps customers extract strategic intelligence from complex, multi-structured machine data. The company provides customer support, product development and sales professionals to assist enterprises in operational data analysis. Glassbeam raised an additional $3M in equity funding led by VKRM Group. Management says the funds will be used for product innovation, expansion of its customer and partner ecosystem, and building its Data Science team. The company is expanding its offices in the U.S. and India to new locations by the end of the year. Customers and partners include Fortune 500 companies and enterprises across storage, wireless, networking and medical devices.

Total raised

$15M

Funding rounds

3

Latest round

Series B

Latest activity

Dec 2021