UptimeAI Secures $14M in Series A Funding for AI-based Industrial Monitoring
UptimeAI is committed to transforming industrial operations with AI.
Company Name: UptimeAI
Location: San Francisco, CA
Sector: AI, Industrial Software
Funding Details: Raised $14 million in Series A funding led by WestBridge Capital, with participation from Emergent Ventures and Aditya Birla Ventures.
Purpose of Investment: To accelerate the expansion of operations and development efforts, enhancing its AI Expert OEx platform.
Leadership: Co-founded by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI is advancing AI-driven operational capabilities for industrial sectors.
Product and Innovation: UptimeAI's AI Expert OEx platform offers advanced monitoring and analytical capabilities to the chemical, oil and gas, and utility industries. It helps companies improve asset performance and operational efficiency by identifying and understanding the intricacies of process anomalies.
Company Growth: With a robust customer base in North America, the Middle East, and India, UptimeAI has demonstrated significant market acceptance. The company aims to further its reach and enhance its technological offerings in these key regions.
Previous Funding: The company raised $3.5 million in seed funding in December 2022.
About the Company: UptimeAI is committed to transforming industrial operations with AI. By embedding the expertise of seasoned Subject Matter Experts into its self-learning AI platform, it provides invaluable insights accessible to engineers striving for operational excellence. With a strong focus on the US and Middle East markets, UptimeAI is poised for further growth and innovation in the AI-driven industrial monitoring space.