Petasense provides a hardware/software solution that attaches vibration sensors to rotating machines and streams sensor data wirelessly to a cloud platform. The platform uses machine learning to model each machine's normal vibration behavior, reducing false positives and negatives and helping predict failures before they cause unscheduled downtime. Today the system targets rotating equipment such as motors, pumps and compressors, and the company plans to add sensors for other types of industrial equipment over time. Petasense positions its offering as an incremental Industrial Internet of Things entry point for manufacturers who cannot replace legacy machines. The company charges $399 or $599 per sensor depending on sophistication and also levies subscription fees for access to cloud data and analytics, with pricing varying by data usage. Petasense was founded in 2014 and has 15 full-time employees split between San Jose, CA and Bangalore, India, with Bangalore housing programming and R&D.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2017