RedEye develops SaaS solutions spanning the full asset-management lifecycle, including an asset management platform and a drawing and data management tool to collect, manage and share engineering information. Its products serve clients across industries such as oil and gas and healthcare, and the company counts customers including BHP, Snowy Hydro and SA Power Networks. Founded in 2012 and headquartered in Brisbane, RedEye has a team of about 70 spread across Brisbane, Manila and Las Vegas and says it expects headcount to double over the next 12 months. The Series B funding will be used to grow the business internationally, with an explicit focus on scaling in the US. Management said they deliberately sought an international investor with domain expertise and a network aligned to their growth goals.

Total raised

$10M

Funding rounds

1

Latest round

Series B

Latest activity

Nov 2018