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Sight Machine

22 Mar

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Sight Machine Closes $13.5mm Series B

March 22, 2016 | By |

Sight Machine Inc., leading the digital transformation of manufacturing, today announced it has raised $13.5 million in Series B venture capital. The round is led by Chicago-based Jump Capital and includes GE Ventures, Two Roads Group and Pritzker Group Venture Capital.

“Sight Machine is developing the technology that will bring us closer to the realization of the brilliant factory,” said Karen Kerr, Senior Managing Director of Advanced Manufacturing at GE Ventures, a unit of General Electric Co. (NYSE:GE). “The ability to effectively manage and analyze manufacturing data will change so many industries, and we are proud to partner with Sight Machine to help grow and commercialize its business.”

Existing investors re-investing in this round include IA Ventures, O’Reilly AlphaTech Ventures, Mercury Fund, Huron River Ventures and Orfin Ventures.

Read more on BusinessWire

06 Feb

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San Francisco-based Sight Machine raises $5M to ramp up Michigan operations

February 6, 2015 | By |

Sight Machine Inc., a San Francisco-based company that uses cloud-based technology to monitor quality control on the factory floor, has closed on a venture-capital round of $5 million to ramp up its operations in Michigan.

The round was led by the Houston-based Mercury Fund, which opened an Ann Arbor office in October, and joined by Ann Arbor-based Michigan eLab, Ann Arbor-based Huron River Ventures, Bloomfield Hills-based Orfin Ventures, New York-based IA Ventures, San Francisco-based O’Reilly AlphaTech Venturesand FundersClub, a San Francisco-based angel investors network. Orfin, IA Ventures and O’Reilly also invested in the company’s seed-stage round of $6 million in 2013.

Sight Machine was founded in Ann Arbor in 2011 by five Michigan natives. One of them, Jon Sobel, a University of Michigan law school graduate, is the CEO. He and a development staff of 10 are based in San Francisco.

Read more on crainsdetroit.com

06 Feb

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Sight Machine Raises $5 Million to Help Manufacturers with Big Data

February 6, 2015 | By |

Manufacturing generates enormous amounts of data that can show whether a process is being followed correctly, whether the quality of items is being maintained and whether the number of items being produced is on track.

But the data aren’t always analyzed and tracked, and sometimes they are thrown away.

A fast-growing San Francisco startup, Sight Machine Inc., has raised another $5 million to help manufacturers get a handle on their data, taking total funding to $11 million.

Read more on wsj.com