Press Releases

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.