Monday, January 8, 2018

Element Analytics Gets $19.5M

San Francisco-based Element Analytics, which develops data management and integration software, announced a $19.5M Series A funding round on Monday morning, from GE, Honeywell, ABB, and Mitsui along with Aster Capital and Blue Bear Capital, plus Kleiner Perkins Green Growth Fund. The company, led by CEO Andy Bane, says it has now raised $22M in total. Element Analytics develops software which processes, manages and integrates large volumes of data from industrial sensors, operational systems, and engineering.