Oden Technologies, the New York based industrial analytics company, today announced the completion of its latest financing round of $3.5M. This combined with previous investments brings Oden’s total seed funding to $5.9M. Lead investor in this round was EQT Ventures along with Oden’s existing institutional backers Inbox Capital and LocalGlobe.
Learn all about how the Google Cloud Platform made Oden IoT devices more efficient, secure, and powerful at providing complete production data analytics to our manufacturing clients.
Have questions about Oden Technologies, our Industrial IoT platform, or production data analytics and acquisition in general? Stop by our exhibitions at any of the following plastics and manufacturing trade shows to get your questions answered and meet the Oden team.
Explore the hard numbers on how we have helped our clients increase capactiy and productivity while reducing waste and downtime.
Manufacturers have been talking about Industry 4.0, or the next industrial revolution, for some time now. It’s an important concept, because it will dictate how to stay competitive, but few actually have a good idea of what it means. Especially in extrusion, where advanced control systems have not been commonplace like in Oil & Gas, Aviation, and Power.
We began Oden Technologies under the belief that there’s no higher pursuit than to create things. There are those who forge steel, operate machines, and run factories–the men and women producing the products we use every day, building our world on factory floors everywhere. These Makers know their craft, and with their craft they make incredible things. Oden’s purpose is to empower Makers with data so that they can keep building our world.
At this years Oden Extrusion Data Conference, attendees gained insight into both the importance of being a data-driven culture and ways to increase the quality and efficiency of an extrusion line. Whether you’re looking to truly live by lean manufacturing principles or are trying to improve your root-cause analysis process, this list is a must read.