July 27, 2016 – TrendMiner, a big data search and advanced predictive analytics provider to the process manufacturing industry, announced today that it has received $1.1 million in additional funding from The Innovation Fund. This is a symbolic investment after the Fund’s recent series A funding to TrendMiner of $6 million in December 2015. The investment group supports promising companies identified as creating exceptional value to the chemical industry.
TrendMiner is helping global manufacturing companies by improving their plant availability and overall asset effectiveness through Discovery, Diagnostic and Predictive Analytics using Pattern Recognition and Machine Learning technologies, all of which support IIoT. The solution connects to existing data sources without interruption to production process.
