Eaton Peabody represented HighByte®, an industrial software company in its Series A funding round led by Standard Investments, a fund investing in innovative growth stage companies that enable businesses to be more data-driven. Standard Investments leads the round with an $8 million investment and is joined in the raise by existing HighByte investors, including Exposition Ventures and Maine Venture Fund. 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.
Eaton Peabody professionals Jeff Spaulding and Jen Baroletti represented HighByte in the financing.
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