7 years ago
Oden Technologies Raises $10 Million for Industrial IoT Data Analytics
Oden Technologies, an Industrial IoT startup, has raised $10 million in Series A funding led by Atomico, with participation from EQT Ventures and Inbox Capital
The startup aims to democratize access to data analytics for manufacturers to build smarter factories.
ProblemTechnology Infrastructure
"Manufacturing is inefficient, with waste and downtime costing manufacturers millions of dollars each year. Traditional data analytics solutions are slow and expensive, and require specialized expertise to implement."
Solution
"Oden Technologies provides a cloud-based data analytics platform that can be deployed quickly and easily, providing real-time insights into production processes. This allows manufacturers to identify and eliminate inefficiencies, reduce waste, and improve productivity."