mnubo secures $6M Series A from McRock Capital, White Star

mnubo secures $6M Series A from McRock Capital, White Star
May 14
15:48 2015

mnubo, an Internet of Things (IoT) data analytics startup, has received $6 million Series A financing from McRock iNFund LP, an Industrial Internet of Things (IIoT) venture capital fund managed by McRock Capital, and White Star Capital.

Over the past year, mnubo has seen an increase of over 400% in the number of connected objects on its platform, and now counts customers across North America, Europe and Asia. These manufacturers are using the SmartObjects™ service to ingest, organize, clean and enrich their sensor data, and integrate the real-time insights and predictions into applications and business processes.

“mnubo has developed a scalable IoT analytics service that is suitable for industrial devices and machines. The unique ability to identify patterns and extract intelligence from equipment’s data is a breakthrough and will drive significant cost savings and operational efficiency”, stated Whitney Rockley, co-founder and Managing Partner at McRock. “Their sophisticated data science will have a profound impact on industrial markets as companies learn from sensor data, understand business outcomes better and ultimately gain huge competitive advantages”.

As part of this financing Rockley will join the mnubo Board of Directors.

Press release.

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