Tuesday, May 19, 2015

GOFACTORY Gains $2M

San Francisco-based GOFACTORY, a developer of a industrial, Internet-of-things analytics and monitoring service, said this morning that it has raised $2M in a seed funding round. The funding came from Visionnaire Ventures as well as angels, including Reuben Brothers, David Clark, Jonathan McQueen, Swordfish Investments and Thomas Kunz. The company says it has created a cloud-based service, which connects machines, sensors, systems, to help identify faults and send notifications to people to fix problems. The company is targeting the cell tower, traffic, alternative energy, oil and gas, and other industrial sectors with its product. Gofactory is led by Allan McNichol. More information »