Press Releases

New appointments, including Board Chair Betsy Peters, to oversee strategic direction of industrial software company Portland, ME, June 30, 2020 — HighByte®, an industrial software company, today announced the appointment of both Betsy Peters and Corson Ellis to the company’s Board of Directors, effective immediately. The appointments follow the recent close of the company’s pre-seed funding round and mark the company’s transition from an initial founder-only board to one with external representation. The board will provide perspective and guidance on the company’s ongoing strategic direction, including go-to-market planning and future fundraising. Both board appointments bring extensive and proven executive management experience to their new roles.

Industrial software company extends reach into Northern Europe, Turkey, Middle East, and beyond with Novotek AB and ASP Dijital Portland, ME, April 9, 2020 — HighByte®, an industrial software company, today announced the company has signed distribution agreements with Novotek AB and ASP Dijital, headquartered in Sweden and Turkey, respectively. The agreements provide distributors with the rights to market, sell, and distribute HighByte Intelligence Hub in approved territories across Northern Europe, Turkey, and the Middle East. Both distributors will also provide training, pre-sales, and post-sales support for HighByte Intelligence Hub on behalf of HighByte to sub-distributors and end users in their respective regions.

Industrial software company secures funding from strategic angels and institutional venture capital, including Maine Venture Fund and Momenta Ventures Portland, ME, March 26, 2020 — HighByte®, an industrial software company, today announced the close of its pre-seed round funded by independent angel investors and early-stage venture capital firms, including Maine Venture Fund and Switzerland-headquartered Momenta Ventures. Funding was received as $625K in convertible debt matched by a $250K long-term, low-interest loan from Maine Technology Institute (MTI). The financing provides HighByte with the capital runway needed for business development activities and additional R&D headcount in 2020.

Company releases first version of its industrial DataOps software solution, addresses data infrastructure gap in Smart Manufacturing Portland, ME, January 21, 2020 — HighByte®, an industrial software company, today announced that HighByte Intelligence Hub Version 1.0 is now available. HighByte Intelligence Hub is the first DataOps solution purpose-built for industrial environments. DataOps is a new approach to data integration and security that aims to improve data quality, reduce time spent preparing data for analysis, and encourage cross-functional collaboration within data-driven organizations.

Company fuels product development with grant funding, prepares for growth Portland, ME, September 24, 2019 — HighByte®, an industrial software company, today announced that its beta program for HighByte Intelligence Hub is now live. More than a dozen manufacturers, distributors, and system integrators from the United States, Europe, and Asia have already been accepted into the program and granted early access to the software in exchange for their feedback.