OspreyData Raises $3.4 Million

Electronics startup OspreyData announced it has raised $3.4 million in financing from an undisclosed investor.

OspreyData harnesses sensor data generated by high-value mechanical assets to predict and prevent failures, reduce downtime, and enhance operating efficiency. OspreyData analyses sensor data in real time using machine learning continuously to improve its insights and predictions. By supplementing these capabilities with a decision-modeling platform, OspreyData can produce accurate operational decisions to deliver optimal value from important mechanical assets while preventing outages and accidents.