OSIsoft develops the PI System, a data infrastructure product that captures data from sensors and industrial equipment and transforms it into real-time insights. The PI System is deployed across utilities, oil & gas, pharmaceuticals, metals and mining, pulp and paper, and water, and OSIsoft is expanding into food and beverage, facilities and transportation. Over 1,000 leading utilities, 95 percent of the largest oil and gas companies and more than 65 percent of Fortune 500 industrial companies rely on the PI System, which actively handles over 1.5 billion sensor-based data streams worldwide. OSIsoft has an extensive partner ecosystem with over 450 interfaces and connectors and more than 300 hardware, software and system-integrator partners. Following the SoftBank investment, the company plans to collaborate on new products and services to accelerate digital transformation and Industrial IoT adoption and to strengthen its presence in new markets such as telecommunications. Founded in 1980 and based in San Leandro, California, OSIsoft emphasizes customer service and reliability in its operations. Founded in 1980 and based in San Leandro, California, OSIsoft provides enterprise infrastructure solutions for the management of real-time data and events. Its core product, the PI System, collects, manages and analyzes operational data to help organizations manage assets, mitigate risks, comply with regulations, improve processes and make business decisions in real time. The company serves customers across energy, manufacturing, utilities, life sciences, data centers, facilities and other process industries and has operations worldwide. In June 2011 OSIsoft received a $135M minority investment from Technology Crossover Ventures (TCV) and Kleiner Perkins Caufield & Byers (KPCB). The company said the investment will provide resources and industry expertise to accelerate its global expansion and serve growing markets. As part of the investment, representatives from both firms will join OSIsoft’s board of directors.

Total raised

$135M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2011