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Venture Capital News: HighByte Announces Series A Funding

2024-04-23
PORTLAND, ME, HighByte, an industrial software company, today announced its Series A funding round.
The round was led by Standard Investments, a platform investing in innovative growth companies at the intersection of the digital and physical worlds. Standard Investments is leading the round with participation from existing HighByte investors, including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders. New funds will be primarily allocated across research and development, strategic partner management, and customer success to accelerate market penetration and expand deployments within existing accounts.

HighByte is an industrial software company in Portland, Maine USA building solutions that address the data architecture and integration challenges created by Industry 4.0. HighByte Intelligence Hub, the company's award-winning Industrial DataOps software, provides modeled, ready-to-use data to the Cloud using a codeless interface to speed integration time and accelerate analytics.
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