Machfu provides an Edge Intelligence Platform that connects data at the edge to cloud and enterprise systems for Industrial IoT. Its products enable end-to-end integration between legacy assets and sensors and cloud or legacy head-end systems, with emphasis on state-of-the-art security and standards-based network connectivity. The platform is designed to speed new application development and to be deployed and scaled quickly across existing industrial infrastructure. Company leadership says Machfu has solved key IIoT barriers including security and the diversity of legacy protocols and interfaces. The firm plans to use new capital to accelerate traction in Smart Grid and Oil & Gas markets and to expand its industrial footprint. Machfu recently closed a $3.75 million Series A led by CSL Ventures, and CSL’s Abhinav Jain joined the company’s board. Machfu is an Industrial Internet of Things (IoT) company based in Germantown, Md. Its technology helps organizations integrate sensors, controllers and other devices into their systems. The company focuses on Industrial IoT applications for infrastructure and utilities. Machfu reported its first institutional financing, raising $1.6 million. With the funding, the company plans to expand in Smart Water and Smart Grid markets and to enter the oil and gas sector.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2019