Maintenance Software Fiix Closes $12 Million in Series B

Fiix, formerly Maintenance Assistant, raised $12 million in Series B funding. The investment follows two years of growth and was led by BuildGroup, an Austin-based private investment firm that led Fiix’s Series A in 2016.

Fiix is a SaaS-based maintenance and asset management software provider designed to help businesses implement preventive maintenance strategies to increase production and decrease unplanned downtime—essential factors for North American manufacturers to remain competitive in the face of globalization.