tracxn research - industrial internet of things report, june 2017

Industrial Internet of Things – June 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.

TracxnWorld’s Largest Startup Research Platform

2


Contents

Topic Page No.

Scope of Report 04

Entrepreneur Activity 06

Investment Trend 12

Who is Investing 23

Exit Outlook - IPO, Acquisitions 27

Sub Sector Analysis 30

Interesting Companies 52

Useful Links 67

Company List 70

Team 181

3


Sector Overview

Scope of report

Feed definition

Solutions for connecting, monitoring and controlling different industrial operations to enable transparency and optimizeoperations

Primary inclusions in this feed

Companies which are developing solution to be directly used by industries to get higher insights into their operations andachieve higher operational efficiency. These include hardware which have sensors to gather data and are connectedthrough cloud to enable analytics and provide insights to a user who can access it remotely

Solutions also include analytics engines provider which work on data gathered by sensors to provide insights. Companiesconsidered in the scope whether hardware or software has to be working on data gathered by sensors and not onmanually entered data. Solutions find applications across major industries like healthcare, retail, agriculture, logistics,manufacturing, oil and gas, etc. are included.

Primary exclusions from this feed

Companies which use data collected through manual processes like ERP etc, solutions which are not connected to cloudand whose insights are not remotely accessible are excluded from the scope of this report..

The scope of this report includes equity as well as debt funding received by the companies.

Disclaimer: The information and data in the report is based on global developments tracked in the sector till May 3, 2017. This is to categorically state that any eventsand relevant developments after the said date will not reflect in the report.

4


Scope of Report

Entrepreneur Activity

Investment Trend

Who is Investing

Exit Outlook - IPO, Acquisitions

Sub Sector Analysis

Interesting Companies

Useful Links

Company List

Team

5

Contents


31

63

99

128

165

136

44

0

36

72

108

144

180

2010 2011 2012 2013 2014 2015 2016

# o

f C

om

pa

nie

sYoY – Number of companies founded

6

Euclid Analytics Swirl Networks FarmLogs Tachyus Farmer's Business Network Samsara Swine Smart

AliveCor Vital Connect Sight Machine Comfy Uptake Arundo Scout IoT


Large Upcoming Sectors

# of Companies Founded

Average Age

# of Companies Funded

Business ModelTotal

FundingExample

82 Jan-2013 34 Retail > In-store Marketing $119M swirl.comSwirl Networks

2011, Boston

16 Sep-2012 11 Multi Industries > Workforce Wearables $84M atheerair.comAtheer

2011, Mountain View

23 Jul-2012 13Manufacturing > Analytics > Predictive Maintenance > Software

$27M predikto.comPredikto

2012, Atlanta

65 Nov-2011 29 Manufacturing > Analytics $98M covacsis.comCovacsis

2009, Mumbai

34 Sep-2011 19Retail > In-Store Analytics > Software + Hardware

$238M retailnext.netRetailNext

2007, San Jose

46 Jul-2011 23Manufacturing > Analytics > Predictive Maintenance

$61MArundo

2015, Palo Alto

21 Jul-2011 6Multi Industries > Asset Monitoring & Tracking > Location Tracking

$40M ubisense.netUbisense

2002, Cambridge

56 Jun-2011 33 Retail > In-Store Analytics $343M footmarks.comFootmarks.com

2012, New York City

7




Average Age


Business ModelTotal

FundingExample

20 Apr-2011 6Multi Industries > Asset Monitoring & Tracking > Suite

$500K amiglobal.comAMI Global

2009, Las Vegas

100 Feb-2011 37Multi Industries > Asset Monitoring & Tracking

$119M samsara.comSamsara

2015, San Francisco

63 Feb-2011 34 Multi Industries > Analytics $513M uptake.comUptake

2014, Palo Alto

17 Feb-2011 12 Healthcare > Medication Adherence $493M proteus.comProteus Digital Health2001, Redwood City

17 Feb-2011 12Smart Buildings > Energy Efficiency > Energy Usage Monitoring

$397M gridpoint.comGridPoint

2003, Arlington

17 Jan-2011 7Agriculture > Farm Monitoring and Management > Smart Irrigation

$99M cropx.comCropX

2013, Tel Aviv

87 Jan-2011 44 Smart Buildings > Energy Efficiency $1.4B viewglass.comView

2007, Milpitas

135 Jul-2010 64Agriculture > Farm Monitoring and Management

$451M smart-ag.comSmart Ag

2015, Ames

8




Average Age


Business ModelTotal

FundingExample

23 Jul-2010 10Manufacturing > Analytics > Predictive Maintenance > Software+Hardware

$35M konux.comKonux

2014, Munich

25 Sep-2009 21 Healthcare > Monitoring $583M orthosensor.comOrthoSensor

2006, Fort Lauderdale

40 Jan-2007 25 Agriculture > Bovine Monitoring $27M silentherdsman.comSilent Herdsman2009, Dumfries

9


Niche Upcoming Sectors


Average Age


Business ModelTotal

FundingExample

7 Jan-2013 4 Retail > Suite $4M walkbase.comWalkbase

2010, Espoo

5 Sep-2012 1 Retail > Navigation wiseshelf.comWiseshelf

2015, Caesarea

7 Jan-2012 4 Smart Buildings > Water Management $2M thedetectiongroup.comThe Detection Group

2006, Palo Alto

13 Jun-2011 8 Agriculture > Aquaculture $11M theyield.comThe Yield

2014, Sydney

13 Nov-2010 8 Retail > In-Store Analytics > Software $62M euclidanalytics.comEuclid Analytics2010, Palo Alto

8 May-2010 3 Multi Industries > Worksite Monitoring $12M bcsafetylink.comBC SafetyLink

2015, Vancouver

9 Apr-2010 4Smart Buildings > Energy Efficiency > Environment Monitoring & Contol

$3M senseware.coSenseware

2013, Washington D.C.

14 Jun-2008 6Smart Buildings > Energy Efficiency > Lighting

$194M hesolutions.ca

Horizon Engineering Solutions

2015, Waterloo

10


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

11

Contents


YoY – Number of Rounds and Total Funding

$218M

$104M

$294M

$339M

$278M

$448M

$635M

$734M

$557M

13

28

4340

61

110

124

178

138

0

40

80

120

160

200

0

160

320

480

640

800

2008 2009 2010 2011 2012 2013 2014 2015 2016

# o

f Ro

un

ds

Fu

nd

ing

Am

ou

nt

in (

$M

)

12


YoY – Number of Rounds by Stage

1427

62 6577

64

14

11

23

35

65

43

6

10

12

10

14

14

0

36

72

108

144

180

2011 2012 2013 2014 2015 2016

# o

f R

ou

nd

s

Seed Early Late

13


YoY – Funding by Stage

$9M $8M

$38M $43M $58M $39M

$134M

$59M

$121M $131M

$262M

$179M

$182M

$184M

$253M

$386M

$394M

$201M

0

160

320

480

640

800

2011 2012 2013 2014 2015 2016

To

tal

Fu

nd

ing

in

($

M)

Seed Early Late

14


Average Ticket Size – Early Stage

$0.7M$0.4M

$0.8M $0.9M $1.1M $1.0M

$4.9M

$3.6M

$4.7M$4.1M

$5.1M

$4.1M

$16.5M

$10.3M$9.9M

$7.4M

$13.2M

$10.3M

0.0

3.6

7.2

10.8

14.4

18.0

2011 2012 2013 2014 2015 2016

Fu

nd

ing

Am

ou

nt

in (

$M

)

Seed Series A Series B

15


CompanyFunding Amount

Round Name

Date Investors

viewglass.comView(Milpitas, 2007)

$100M Series G Feb-2017 TIAA

uptake.comUptake(Palo Alto, 2014)

$50M Series C Apr-2017

farmersbusinessnetwork.com

Farmer's Business Network(Davenport, 2014)

$40M Series C Mar-2017 DBL Partners, GV, Acre Venture Partners, KPCB, Bow Capital

uptake.comUptake(Palo Alto, 2014)

$40M Series C Feb-2017 Revolution

alivecor.comAliveCor(San Francisco, 2010)

$30M Series D Mar-2017 Omron Healthcare, Mayo Clinic

farmlogs.comFarmLogs(Ann Arbor, 2012)

$22M Series C Jan-2017Naspers, Drive Capital, Huron River Ventures, Hyde Park Venture Partners, SV Angel

propellerhealth.comPropeller Health(Madison, 2010)

$22M Series C Oct-2016 3M, SR One, Hikma Ventures, Safeguard Scientifics, Social Capital

farmersbusinessnetwork.com

Farmer's Business Network(Davenport, 2014)

$20M Series C Aug-2016 Acre Venture Partners, KPCB, DBL Partners, GV

16

Top investments in last one year



Round Name

Date Investors

sightmachine.comSight Machine(San Francisco, 2012)

$20M Series B Nov-2016Jump Capital, GE Ventures, Two Roads Group, Pritzker Group, IA Ventures, OReilly AlphaTech Ventures, Mercury Fund, Huron River Ventures, OrfinVentures

vitalconnect.comVital Connect(Campbell, 2011)

$18M Series B Jun-2016

spacetimeinsight.comSpace-Time Insight(San Mateo, 2008)

$13M Series D Sep-2016

comfyapp.comComfy(Oakland, 2013)

$12M Series B Jun-2016Claremont Creek Ventures, Westly Group, Emergence Capital, Microsoft Ventures, CBRE Group

silvair.comSilvair(San Francisco, 2011)

$12M Series A Nov-2016 Trigon TFI, Cyberagent Ventures, New Europe Ventures, Digital Garage

encycle.comEncycle(Toronto, 2005)

$12M Series B Dec-2016 Prelude Ventures, NGEN Partners, BDC Capital, EDC

konux.comKonux(Munich, 2014)

$9M Series A Apr-2017 NEA, MIG Fonds, Unternehmertum Venture Capital Partners

flutura.comFlutura(Bangalore, 2012)

$8M Series A Feb-2017 Vertex Ventures, Lumis Partners, The Hive

17




Round Name

Date Investors

pointgrab.comPointGrab(Hod Hasharon, 2008)

$7M Series B Oct-2016 Philips, Mitsubishi UFJ Capital, ABB Group

prospera.agProspera(Tel Aviv, 2013)

$7M Series A Jul-2016 Bessemer Venture Partners

verdigris.coVerdigris(Moffett Field, 2011)

$7M Series A Oct-2016 Jabil, Verizon Ventures, StartX

falkonry.comFalkonry(San Francisco, 2012)

$5M Series A Feb-2017 Zetta Venture Partners, Polaris Partners, Start Smart Labs

hydropoint.comHydroPoint(Petaluma, 2002)

$5M Series C Jun-2016

cargosense.comCargoSense(Reston, 2012)

$5M Series A Jun-2016 IrishAngels, MCD, Center for Innovative Technology

aquicore.comAquicore(Washington, 2013)

$5M Series A Jun-2016 Kiddar, Navitas Capital

tachyus.comTachyus(Palo Alto, 2013)

$5M Series A Oct-2016Haystack Partners, Founders Fund, Streamlined Ventures, Focus VC, StartX, Caffeinated Capital

18




Round Name

Date Investors

theyield.comThe Yield(Sydney, 2014)

$5M Series A Apr-2017 Bosch, KPMG, AgFunder

elmodis.comELMODIS(Krakow, 2015)

$5M Series A Apr-2017 SET Ventures, Intel Capital, Innovation Nest

arundo.comArundo(Palo Alto, 2015)

$5M Series A Aug-2016

arable.comArable(Princeton, 2014)

$4M Series A Mar-2017Middleland Capital, S2G Ventures, Spark Labs, Cantos Ventures, ChasefieldCapital

roambee.comRoambee(Santa Clara, 2011)

$4M Series B Jan-2017 Deutsche Telekom Capital Partners

density.ioDensity.io(San Francisco, 2014)

$4M Series A Jul-2016 Upfront Ventures, Ludlow Ventures

predikto.comPredikto(Atlanta, 2012)

$4M Series A Feb-2017 Fidelis Capital, TechOperators

tosense.comtoSense(La Jolla, 2014)

$4M Series A Jun-2016

19




Round Name

Date Investors

vibeac.comVIbeac(Shanghai, 2014)

$4M Series B Mar-2017 Shenzhen Capital Group

3dsig.com3DSignals(Kfar Saba, 2015)

$3M Seed Sep-2016 Grove Ventures

strider.agStrider(Belo Horizonte, 2013)

$3M Series B May-2016 Monashees+, Qualcomm Ventures

hcsafety.comHuman Condition Safety(New York City, 2014)

$3M Series A Dec-2016

alluvium.ioAlluvium(New York City, 2015)

$3M Seed Dec-2016 IA Ventures, Lux Capital, Bloomberg Beta

ibisnetworks.comIbis Networks(Honolulu, 2013)

$3M Series A Dec-2016

roambee.comRoambee(Santa Clara, 2011)

$2M Series A May-2016

farmersedge.caFarmers Edge(Winnipeg, 2005)

$2M Series C May-2016

20



Funnel view of Sector

Percent of Previous

49%

32%

48%

43

34

62

129

407

824

0 180 360 540 720 900

M&A & IPO

Late

Series B

Series A

Funded

Founded

# of Companies

21


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

22

Contents


Most Active Investors in Sector

11

10

8

7

6 6 6

5 5 5

0

2

5

7

10

12

Plug and PlayTech Center

Techstars Startupbootcamp

IntelCapital

KhoslaVentures

NEA QualcommVentures

EnterpriseIreland

Formation 8 GE Ventures

To

tal

Nu

mb

er

of

Co

mp

an

ies

23

Percolata Lisnr Viewsy Enlighted View GridPoint RetailNext Pulsate Tachyus View

Roximity Placemeter VesLabsSotera

WirelessThe Climate Corporation

The Climate Corporation

SoteraWireless

Health Beacon ComfyPredixionSoftware


Where are Top Investors investing

24


Top Investor by Stage of Entry

25


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

26

Contents


Date Company AcquirerDeal size

OverviewTotal

Funding

Mar-2017 datarpm.comDataRPM(Redwood City, 2012)

Progress.com $30M

Big Data Business Intelligence Solution for predictive maintenanceCenter for Innovative Technology, InterWest Partners, Karlin Ventures, Opus8

$5.9M

Feb-2017 observant.netObservant(Fitzroy, 2003)

jainsusa.comTelemetry services for farmers

Dec-2016 healthsense.comHealthsense(Mendota, 2001)

greatcall.com

Remote monitoring, emergency call, and wellness management solutions406 Ventures, Merck, Radius Ventures, Ziegler, Mansa Capital, fchp.org, West Health

$32.8M

Dec-2016 placemeter.comPlacemeter(New York City, 2012)

arlo.com

Platform that senses and unlocks data about activity in physical placesNEA, Qualcomm Ventures, TriplePoint Capital, Techstars, Correlation Ventures, Kima Ventures, Collaborative Fund, FundersClub, blisce, Scrum Ventures

$7.8M

Nov-2016 gimbal.comGimbal(San Diego, 2014)

majority.coContext awarenessQualcomm, SK Planet, Zebra Technologies, Acta Wireless, i-Hatch Ventures

Funded

Nov-2016 bitstew.comBitstew Systems(Burnaby, 2005)

ge.comSoftware defined operations for industrial IOTSilicon Valley Bank, BDC Capital, Yaletown Partners, Kensington Capital, Cisco Investments, GE Ventures

$22.5M

Nov-2016 freshtemp.comFreshTemp(Pittsburgh, 2012)

digi.comTemperature monitor for sensitive productsAlphaLab, Innovation Works, Scout Ventures, KohFounders

Funded

27

Major Acquisitions in last one year

Industrial Internet of Things – June 2017 Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.28

Major Acquisitions in last one year


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

29

Contents


May 2017Tracxn Bluebox : Industrial IoT810+ companies in the sector, 317 funded in last 5 years, $900M invested in 2016/17

30


Top Business Models by Funding

$1.2B

$1.0B

$646M

$479M$434M

$134M$98M

$33M $2M0

280

560

840

1120

1400

Smart Buildings Healthcare Multi Industries Agriculture Retail Logistics Manufacturing Oil & Gas Marine

To

tal

Fu

nd

ing

in

($

M)

31

Avg. Age Jun-11 Nov-10 May-11 Feb-10 May-12 Apr-11 Jan-12 Jan-12 Jan-14

#Cos. 112 51 189 205 159 24 70 10 3

View Proteus Digital Health OSIsoftThe Climate Corporation

RetailNext Savi Technology Sight Machine Tachyus Siren Marine

GridPoint CardioMEMS UptakeFarmer's

Business NetworkEuclid Analytics Hi-G-Tek Konux Seismos ioCurrents


Smart Buildings – Business Model Description


Smart Buildings – Key Trends

33


Smart Buildings – Most Funded Companies


Healthcare – Business Model Description


Healthcare – Key Trends

37


Healthcare – Most Funded Companies


Multi Industries – Business Model Description


Multi Industries – Key Trends

41


Multi Industries – Most Funded Companies


Agriculture – Business Model Description


Agriculture – Key Trends

44


Agriculture – Most Funded Companies


Retail – Business Model Description


Retail – Key Trends

48


Retail – Most Funded Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

51

Contents


Interesting Unfunded Companies

Company Overview Business Model

75f.io75fahrenheit(2012, Mankato)

Technology solutions for energy conservation and resolve temperature imbalence

Smart Buildings > Energy Efficiency > HVAC Monitoring & Control

ambyint.comAmbyint(2015, Calgary)

Provides platform combining Big Data & IoT technology solutions to help oil & gas producers optimize their oil well

Oil & Gas > Production Optimization Solutions

innius.cominnius(2015, Veenendaal)

IoT, Cloud, Mobility and Social collaboration to manage industrial assetsManufacturing > Analytics > Predictive Maintenance > Software+Hardware

idatawave.comiDataWave(2011, Pune)

Industrial automation solutions through M2M technologiesMulti Industries > Asset Monitoring & Tracking > Suite

arniot.comArniot(2013, Bangalore)

Industrial automation and asset tracking solutions through IoTTechnology

Logistics

strobilanthes.comStrobilanthes(2013, Chennai)

Smart product for hospitality and healthcare industry Healthcare

seemymachines.com

SeeMyMachines(2015, Thiruvananthapuram)

IoT platform for collecting machine data Manufacturing > Analytics

onewater.inOneWater(2015, Ahmedabad)

Soil and groundwater sensing and analytics productAgriculture > Farm Monitoring and Management > Suite

Curated list of companies by the sector analyst are defined as Interesting


Interesting Seed Companies


Interesting Series A Companies


Interesting Series B Companies


Interesting Late Stage Companies


Top Funded Deadpooled Companies


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

66

Contents


Useful Links

Slide Title Content Platform Link

List of All Companies in readable format Companies Link

Large Upcoming Sectors Entrepreneur Activity Link

Niche Upcoming Sectors Entrepreneur Activity Link

Top investments in last one year Investment Trend Link

Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link

Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link

Smart Buildings – Most Funded Companies Sub Sector Understand Link

Healthcare – Most Funded companies Sub Sector Understand Link

Multi Industries – Most Funded Companies Sub Sector Understand Link

Agriculture – Most Funded Companies Sub Sector Understand Link

Retail – Most Funded companies Sub Sector Understand Link

Top Funded Deadpooled Companies Companies Link

67

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Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

69

Contents


Industrial Internet of Things – List of Companies

Smart Buildings Healthcare Multi Industries Agriculture Retail Logistics Manufacturing

Oil & Gas Marine BFSI

407 FUNDED COMPANIES AND 417 UNFUNDED COMPANIES

COVERS THE FOLLOWING SECTORS


Smart Buildings (1/15)Company Overview Business Model

Total Funding

paytm.com720 Degrees(2012, Helsinki)

Continuous indoor environmental quality monitoringSmart Buildings $190K

Aether Air(2014, Amsterdam)

Solutions to measure and check indoor air pollutionStartup Scaleup

Smart Buildings

Bin-e(2014, Poznan)

Smart waste bins for offices Smart Buildings

MeterDesk(2011, Chennai)

Energy management system Smart Buildings

Taagma Eco Energy Solutions(2015, Pune)

Energy optimization and building management systems Smart Buildings

Prescriptive Data(2016, New York City)

Cloud-based smart building platform and control panel Smart Buildings

Frogblue(2015, Munich)

Smart building technology solutions Smart Buildings

Smart Building(2012, Muro)

Automatic Intelligence for Smart Buildings Smart Buildings

Go to BM List >> Healthcare


Smart Buildings (2/15)Company Overview Business Model

Total Funding

paytm.comGeniey(2015, Taipei)

IoT solutions for smart buildings focusing on security and smart utilitiesSmart Buildings

Econtrol Glas(2005, Plauen)

Solar controlled smart glass solutions for buildings Smart Buildings

Datahoist(2015, Austin)

Elevator monitoring solution Smart Buildings

Quantify Technology(2013, Perth)

Developer sensors for commercial buildings Smart Buildings

Sense Agent(2013, Gold Coast)

Developer of sensors to gather building data Smart Buildings

Smartsensors(2014, Haarlem)

Cloud connected sensor systems Smart Buildings

Parakey(2014, Gothenburg)

Access control via smartphone for facility managersOReilly AlphaTech Ventures, Qamcom, SKAPAinnovationspris, Chalmers Ventures

Access Control $370.80K

Doordeck(2016, Wallington)

Device to make electronic locks smartStartupbootcamp

Access Control



Smart Buildings (3/15)



Healthcare (1/7)Company Overview Business Model

Total Funding

paytm.comEko Devices(2012, Berkeley)

Analog to digital conversion of stethoscopes through an attachment and softwareSeraph Group, Hub Ventures, Founder, Better Ventures, Dreamit Ventures, StartX

Healthcare $2.80M

Xetal(2013, Bonheiden)

Position sensors for indoor people localisationTechfounders

Healthcare$27K

Metrix Health(2014, Menlo Park)

Operational tools to streamline clinical workflow Healthcare

Strobilanthes(2013, Chennai)

Smart product for hospitality and healthcare industry Healthcare

DYRE Solutions(2015, Hong Kong)

Development phase patient tracking device Healthcare

WaferLabs(2015, Mysore)

Provides customer interaction platform Healthcare

Medann(2014, Vancouver)

Wall mounted sensor for medical event detection Healthcare

LiveTrust(2012, Las Condes)

Remote patient monitoring system for providers Healthcare

Smart Buildings << Go to BM List >> Multi Industries


Healthcare (2/7)



Healthcare (3/7)



Healthcare (4/7)



Healthcare (5/7)



Healthcare (6/7)



Healthcare (7/7)



Multi Industries (1/24)Company Overview Business Model

Total Funding

paytm.comIomote(2016, Rome)

Developer of IoT solutions for range of industries

Samsara(2015, San Francisco)

IoT gateway & cloud solution to record and analyze machine dataAndreessen Horowitz

Asset Monitoring & Tracking $25M

Perpetuum(2004, Southampton)

Vibration harvesting micro-generator for gathering large amounts of information from wireless sensor nodesAlbion Ventures, ETF Partners, Quester, Spark Venture Management


PINC Solutions(2004, Alameda)

Cloud based Yard management and supply chain execution solutionsSutter Hill Ventures, Horizon Ventures

Asset Monitoring & Tracking $10.10M

En Gauge(2008, Rockland)

Connected monitoring systems for equipmentsAsset Monitoring & Tracking $7.85M

Beep Networks(2012, San Francisco)

Sensors and wireless sensor networksY Combinator, Western Technology Investment, Betaworks, Maiden Lane, NEST, Dolby Family Ventures, Technicolor Ventures, QueensBridge Venture Partners


Eltav(2006, Ra'anana)

Wireless valve monitoring solutionHutchison Kinrot


windesco(2012, )

IoT solutions to improve the performance of wind assetsAsset Monitoring & Tracking $2.12M

Healthcare << Go to BM List >> Agriculture



Total Funding

paytm.comAcoustic Sensing(2013, Daresbury)

Developer of solution for maintenance of buried pipesNorth West Fund, 350 Investment Partners


Quietyme(2012, Neshkoro)

Noise monitoring and reporting systemGener8tor, Healthbox, American Family Ventures, BrightStar Wisconsin Foundation

Asset Monitoring & Tracking $900K

Nimble Wireless(2006, Palo Alto)

Wireless products for asset tracking and remote monitoring.Prime Venture Partners


Caption Data(2008, Worcester)

Real time remote monitoring solutionMidven, Minerva, Midven


Skygrid(2015, Sydney)

Developer of solution for asset condition monitoringmuru-D


Zeto(2011, Cork)

Developer of infrastructure for refrigeration equipment managementEnterprise Ireland, Ryan Academy, Kernel Capital, BVP Investments

Asset Monitoring & Tracking

TetraScience(2014, Boston)

Hardware to connect devices to internetY Combinator, Rough Draft Ventures, Dorm Room Fund, Karlin Ventures, Digital Science


FreshTemp(2012, Pittsburgh)

Temperature monitor for sensitive productsAlphaLab, Innovation Works, Scout Ventures, KohFounders





Total Funding

paytm.comTsenso(2015, Stuttgart)

Solution to monitor temperature of temperature sensitive goodsMetro Accelerator


RebusLabs(2015, Istanbul)

Developer of devices for temperature monitoring of refrigerated productsString Ventures


Peytec(2011, Toronto)

IoT based tracking solutionOCE Discovery


Actvcontent(2015, New York City)

Offers real-time factory-wide visibility throughout the manufacturing processSOSV


Water Surveillance(2013, Soro)

Products for monitoring and optimizing damage control processesCapnova


Fourier Technologies(2011, Rosh Haayin)

Developer of data acquisition systemsAsset Monitoring & Tracking

EnergiMate(2016, Gandhinagar)

IoT device to track energy parameters in machinesAsset Monitoring & Tracking

Nupoint Systems(2011, Vancouver)

Remote satellite surveillanceAsset Monitoring & Tracking



Multi Industries (4/24)



Agriculture (1/26)Company Overview Business Model

Total Funding

paytm.comCentaur Technologies(2014, Volos)

IoT based solution to detect produce contamination across the supply chainOurCrowd, PJ Tech Catalyst

$1.30M

Wellntel(2012, Milwaukee)

Provides low cost groundwater information system$1.24M

Horse Sense Shoes(2011, Trenton)

Device for monitoring equines$645K

BovControl(2012, Sao Paulo)

Software platform for cattle managementWayra, Redpoint eVentures, Wayra

$175K

Agronode(2014, Zagreb)

Smart cloud-based irrigation

Arnia Hive Monitors(2012, Newcastle Upon Tyne)

Remote monitoring and analysis of beehive healthNorthstar Ventures

Apiculture $125K

Melixa(2013, Trento)

Remote bee hive monitoring system for beekeepersIndustrio, Spinnvest

Apiculture $20K

Bee Smart(2013, San Francisco)

Hardware and software solutions for beehives monitoringNEVEQ

Apiculture

Multi Industries << Go to BM List >> Retail



Total Funding

paytm.comBeeZon(2015, Patras)

Digital monitoring system for apiariesStartup Scaleup

Apiculture

Hivemind(2014, Christchurch)

Hive monitoring for beekepersApiculture

Hivonics(2015, Wellington)

Beehives monitoring and management through IoTApiculture

Nectar(2016, Montreal)

Real-time monitoring and analytic system for beehivesApiculture

Keltronix(2015, Santa Barbara)

A visual beehive and bee growth monitoring systemApiculture

Apis Technology(2016, Aveiro)

Integrated hardware and software solution for beehive monitoring & infrastructure for beehive construction Apiculture

Sparkleton(2016, Jesenice)

Sensors for beehive monitoringApiculture

Beezinga(2012, Maribor)

Integrated solution for beehive monitoring and data analyticApiculture




Total Funding

paytm.comThe Yield(2014, Sydney)

Developer of hardware and full stack system for precision aquacultureKPMG, AgFunder, Bosch

Aquaculture $9.12M

4-Deep(2008, Halifax)

Deep water imaging product and services for aquaculture, algae, oil and gas & other industriesy GUANGZHOU BOSMA CORP

Aquaculture $500K

Eruvaka(2012, Vijayawada)

Technology solution offering on-farm diagnostic equipment.Omnivore Capital

Aquaculture

Acruxsoft(2009, )

Fishing simulation software for precision fishingProsperitas Capital Partners

Aquaculture

eFishery(2013, Bandung)

Fish feeding technologySeedstars, Ideosource, Aqua Spark, ideaosource.com

Aquaculture

AquaCloud(2015, San Mateo)

Analyzing water quality for real time actionable insights, Lemnos Labs AlumLemnos Labs

Aquaculture

Nilebot(2013, Cairo)

Water quality monitoring system for aquacultureOrange, TIEC

Aquaculture

Marport Deep Sea Technologies(1997, Newfoundland)

Underwater sensing using sonar technologyHastings Equity Partners, Admiralty Partners

Aquaculture



Agriculture (4/26)



Agriculture (5/26)



Agriculture (6/26)



Agriculture (7/26)



Agriculture (8/26)



Agriculture (9/26)



Agriculture (10/26)



Agriculture (11/26)



Agriculture (12/26)



Agriculture (13/26)



Agriculture (14/26)



Agriculture (15/26)



Agriculture (16/26)



Agriculture (17/26)



Agriculture (18/26)



Agriculture (19/26)



Agriculture (20/26)



Agriculture (21/26)



Agriculture (22/26)



Agriculture (23/26)



Agriculture (24/26)



Agriculture (25/26)



Agriculture (26/26)



Retail (1/21)Company Overview Business Model

Total Funding

paytm.comS5 Tech(2008, Legnano)

Internet connected shelf labelsA Ribea, Italian Angels For Growth

$1.80M

Pubinno(2015, Istanbul)

Developing capabilities in beverage sectorAlchemist Accelerator, hub:raum, Momenta Partners

Idecca(2013, Palo Alto)

Precision locating solutionsGlobal Brain

T-ink(2005, New York City)

Developer of solutions for inventory management in retail stores.

Silkron(2004, Bayan)

Developer of smart vending solutions

Melvault(2015, Hyderabad)

IoT platform providing solutions to various industries

IntelliCup(2014, Cape Town)

Beverage dispensing solutions with integrated payment processing & monitoring

Egburt(2014, Starkville)

Develops edge computing based IoT products for monitoring and analytics

Agriculture << Go to BM List >> Logistics



Total Funding

paytm.comCryoWerx(2013, Singapore)

Smart refrigerator for food management

Nomi(2012, New York City)

Platform for measuring in-store experience using analytics and proximity marketing.Accel Partners, First Round Capital, SV Angel, Eastward Capital Partners, Greycroft Partners, Columbia Capital, Red Swan Ventures, Forerunner Ventures, Horizon Technology Finance, Trinity Capital Investment, CAA Ventures, INFORMATION

In-Store Analytics $13M

Placemeter(2012, New York City)

Platform that senses and unlocks data about activity in physical placesNEA, Qualcomm Ventures, TriplePoint Capital, Techstars, Correlation Ventures, Kima Ventures, Collaborative Fund, FundersClub, blisce, Scrum Ventures

In-Store Analytics $7.83M

Footmarks.com(2012, New York City)

Retail sensor based intelligenceTechstars

In-Store Analytics $3.64M

Dor(2015, San Francisco)

Device and platform for store traffic trackingBolt

In-Store Analytics $60K

Yunjinginc(2015, Xian)

Indoor positioning system for retails stores and mallsIDG Capital Partners

In-Store Analytics

Semseye(2013, Eindhoven)

Device to track people flowStartup Scaleup, ChallengeUp, Momenta Partners

In-Store Analytics




Total Funding

paytm.comMenvia(2012, Porto Alegre)

Range of positioning & proximity solutionsIn-Store Analytics

Sparkia(2013, Mexico City)

In-store analyticsIn-Store Analytics

IInside(1998, Yorba Linda)

Indoor location analyticsIn-Store Analytics

Euclid Analytics(2010, Palo Alto)

Analytics for offline retailNEA, Benchmark Capital, TriplePoint Capital, XG Ventures, Harrison Metal, Ulu Ventures, Cox Enterprises, Gold Sky Capital, REV

In-Store Analytics > Software $43.60M

Plexure(2010, San Francisco)

In-store customer insights leading to increased salesCMB, Incubasia Ventures, Vix Technology

In-Store Analytics > Software $9.69M

Zoyi(2010, Seoul)

Platform for retail analysisStonebridge, FAST TRACK ASIA, Korea Investment Partners

In-Store Analytics > Software $650K

Instapio(2014, Sunnyvale)

Location analytics platformKima Ventures

In-Store Analytics > Software $150K

Shopperception(2011, Newark)

Off-line retail analyticsAlta Ventures, NXTP Labs, Dalus Capital

In-Store Analytics > Software



Retail (4/21)



Retail (5/21)



Retail (6/21)



Retail (7/21)



Retail (8/21)



Retail (9/21)



Retail (10/21)



Retail (11/21)



Retail (12/21)



Retail (13/21)



Retail (14/21)



Retail (15/21)



Retail (16/21)



Retail (17/21)



Retail (18/21)



Retail (19/21)



Retail (20/21)



Retail (21/21)



Logistics (1/3)Company Overview Business Model

Total Funding

paytm.comHi-G-Tek(1989, Rockville)

Solution to track and monitor assetsInnovation Valley Partners, Battelle Ventures, L Capital Partners

Manufacturing $19M

Arniot(2013, Bangalore)

Industrial automation and asset tracking solutions through IoT Technology

Manufacturing

Freight Management System(2014, Hyderabad)

IoT-based solutions for supply chain and fleet management Manufacturing

Savi Technology(1989, Alexandria)

Sensor data analytics for supply chain manangementAccel Partners, TIBCO Software, United Parcel Service, Mohr Davidow Ventures, Temasek, MHS Capital, TDF Ventures, IDA Singapore, SGS, McLean Watson, Vector Capital, 1 Ventures Ltd, New Market Partners

Analytics $93.01M

CargoSense(2012, Reston)

A big-data and SaaS company foccusing over optimization of logistics networksCenter for Innovative Technology, MCD, New Dominion Angels, IrishAngels

Analytics $5.25M

telematics4u(2009, Bangalore)

IoT-enabled solutions for transportation managementKITVEN Funds

Analytics $409K

PalleTech(2014, Cambridge)

Asset Tracking using PalletsAlchemist Accelerator, Climate-KIC

Pallet Trackers

Roambee(2011, Santa Clara)

Shipment monitoring and tracking serviceDeutsche Telekom Capital Partners

Tags $6.55M

Retail << Go to BM List >> Manufacturing


Logistics (2/3)



Logistics (3/3)



Manufacturing (1/9)Company Overview Business Model

Total Funding

paytm.comActyx(2015, Munich)

Product development stage manufacturing tech start up

Smart Barrel(2016, Miami Beach)

IoT based connected products for construction industry

OrgPal(2015, Houston)

Hardware & software solutions for IoT applications

3DPlex(2015, London)

Application development platform for Smart Manufacturing solutions

Vti Systems(2012, Toronto)

Computer vision platform for manufacturing conformance

Sight Machine(2012, San Francisco)

Manufacturing Analytics platformIA Ventures, OReilly AlphaTech Ventures, Pritzker Group, FundersClub, Draper Nexus, Huron River Ventures, Mercury Fund, Michigan eLab, Third Shore Group, GE Ventures, Orfin Ventures, Two Roads Group, Jump Capital, eLab Ventures

Analytics $30.54M

MachineMetrics(2014, Northampton)

Automated data collection and job performance monitoring for manufacturing.MassVentures, Bolt, Long River Ventures

Analytics $2.08M

Logistics << Go to BM List >> Oil & Gas


Manufacturing (2/9)



Manufacturing (3/9)



Manufacturing (4/9)



Manufacturing (5/9)



Manufacturing (6/9)



Manufacturing (7/9)



Manufacturing (8/9)



Manufacturing (9/9)



Oil & Gas (1/2)Company Overview Business Model

Total Funding

paytm.comLoci Controls(2012, Boston)

Smart technology for landfillsBolt, Massachusetts Clean Energy Center, MassChallenge, LaunchCapital, Converge Venture Partners

$1.82M

OspreyData(2013, San Juan Capistrano)

Data based optimization for Oil & Gas industryFrost Data Capital

Wellkeeper(2001, Albuquerque)

Remote Monitoring services in oil fieldVerge Fund

Rheidiant(2014, Houston)

Solution for pipeline infrastructure monitoring

ZenUp S.R.L.(2014, Navacchio)

Solution to monitor gas consumption

LogiLube(2013, Laramie)

IoT sensors based asset condition monitoring for oil & gas

Tachyus(2013, Palo Alto)

Hardware and software for oil production optimizationFounders Fund, Formation 8, Slow Ventures, Huron River Ventures, Caffeinated Capital, Focus VC, Streamlined Ventures, Cota Capital, StartX, Haystack Partners

Production Optimization Solutions

$25.83M

Seismos(2012, Austin)

Data analytics, software, and imaging Company for oil & gas productionJavelin Venture Partners, Osage University Partners, Kemal Farid

Production Optimization Solutions

$4M

Manufacturing << Go to BM List >> Marine


Oil & Gas (2/2)

Manufacturing << Go to BM List >> Marine


Marine

Oil & Gas << Go to BM List >> BFSI


BFSI

Marine << Go to BM List


Scope of Report


Investment Trend

Who is Investing


Sub Sector Analysis


Useful Links

Company List

Team

180

Contents


Team

Aakanksha Hajela

Lead Analyst – Technology Global

https://in.linkedin.com/in/aakankshah

https://in.linkedin.com/in/aakankshah

https://twitter.com/galaxian

https://twitter.com/galaxian

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tracxn research - industrial internet of things report, june 2017

Data & Analytics