PingThings
Latest round
- Seed
Last raised
- Jan 2015
Total raised
- $2.4M
Investors
- 2
About PingThings
PingThings, Inc.Founded in 2014 and headquartered in Washington, US, PingThings, Inc. focuses on developing data solutions for real-time analytics. The CEO, Sean Murphy, brings extensive experience in technology and business development.PingThings, Inc. specializes in providing an advanced data platform known as PredictiveGrid™, which is designed for handling time series data from a variety of sensors, including Advanced Metering Infrastructure (AMI) and synchrophasors. This platform enables users to ingest, analyze, and visualize large volumes of sensor data in real-time, achieving read and write speeds of tens of millions of data points per second. The PredictiveGrid™ offers functionalities such as geospatial data integration, metadata capture, and network topology awareness, allowing organizations to gain comprehensive insights into their sensor fleets and assets. The platform is particularly beneficial for utilities and energy companies, which utilize it to enhance their operational efficiency and asset management.PingThings generates revenue through a subscription-based model that allows clients to access its PredictiveGrid™ platform and associated services. The structure of these transactions typically involves annual contracts, with clients, including utility companies and energy service providers, paying for tiered service levels based on their data processing needs and the scale of their sensor deployments. The company offers various pricing plans tailored to different organizational requirements, ensuring that clients can choose a package that aligns with their operational scale and analytical needs. Transactions may also encompass partnerships with other technology providers, enhancing the platform's capabilities and extending its applicability in the market.In 2020, PingThings, Inc. The company is focusing on expanding into new geographic regions, particularly in Asia and Europe, with plans to introduce additional product features aimed at improving analytics capabilities. These initiatives are expected to roll out over the next two years as part of their growth strategy.
Who invested in PingThings
2 investors across 2 rounds
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Questions about PingThings
Who invested in PingThings?
PingThings has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PingThings raised?
PingThings has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PingThings last raise money?
PingThings's most recent round on record is a Seed, in Jan 2015.
What does PingThings do?
PingThings is a software company.
Where is PingThings headquartered?
PingThings is headquartered in Washington, US.
Which VCs invest in companies like PingThings?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PingThings's stage. Their profiles are linked below.
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