Senseye attracts over £1m investment prognosys_bg_02.jpeg prognosys_bg_03.jpg prognosys_bg_01.jpg

Senseye attracts over £1m investment

Tue 8th November 2016

Science Park-based Senseye has reported a surge in investment, having secured £1.3 million in funding from two new Venture Capital Firms in London and Cambridge, as well as from existing investors. The investment is expected to double the team by the end of 2016, with new hires to be located in Southampton and around the world.
 
Senseye has created PROGNOSYS, a groundbreaking way to automate predictive machine failure in manufacturing environments. Using existing data and new connected devices, the solution is at the forefront of the IoT revolution. The company recently signed its first major contract with a top automotive manufacturer to monitor its car production line.
 
CEO Simon Kampa commented: “We are delighted with the investment we have recently achieved. Like many other technology businesses, hiring the best staff is a constant challenge but we have found that remote working is a hugely successful approach for us, enabling us to access the very best talent without geographical constraints. Our team now spans the globe from Alabama to Pakistan and the funding we have secured will allow us to continue to grow, providing a wealth of experience to our clients from a truly global knowledge base.”