2019 inclusion of Seeq is a return trip to Inc. 5000 for Seeq Co-Founder and CEO Steve Sliwa who was included on the 2005, 2006 and 2007 lists with his former company Insitu
SEATTLE – August 19, 2019 – Seeq Corporation, a leader in advanced analytics software for process manufacturing and Industrial Internet of Things (IIoT) data, today announced that it ranks No. 369 on the annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies published by Inc. magazine. This placed Seeq at No. 49 among all software companies and No.7 among companies headquartered in Seattle.
While this is Seeq’s first time on the list, it marks a return for co-founder and CEO Steve Sliwa after 11 years. Sliwa was CEO of the unmanned aerial vehicle (UAV) start-up Insitu, when it had a three-year run on the Inc. 5000, beginning at No. 34 in 2006. The Boeing Company acquired Insitu in 2008 for $400 million.
“Industrial software may seem like a long way from UAVs but there is a similar opportunity for innovation,” says Sliwa. “Spreadsheets replaced pen and paper 30 years ago for analytics and haven’t changed much since. Today, by leveraging big data, machine learning and computer science innovations, Seeq is enabling a new generation of software-led insights.”
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” observes Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Seeq’s vision and market traction resulted in the company securing $23 million in Series B funding last summer. Altira Group led the financing round with participation by Chevron Technology Ventures, the Siemens-backed global venture firm next47, Second Avenue Partners and other existing investors.
Last fall, Seeq enabled access to its advanced analytics offering via software as a service (Saas) on Microsoft Azure. At the same time, the company announced that Shell would provide cloud-based access to Seeq for its process engineers to enable faster insights and reporting on key real-time data.
Earlier this year, Seeq expanded its global coverage and support for process manufacturing customers with the addition of more than 50 system integration partners in the Middle East, Europe, North America, South America and Asia. The company today has support offices across the United States and direct representation in Europe, as well as resale and services partners on six continents.
Headquartered in Seattle, Seeq operates as a fully virtual company with employees distributed around the world.
Founded in 2013, Seeq publishes software applications for manufacturing organizations to rapidly find and share data insights. Oil & gas, pharmaceutical, specialty chemical, utility, renewable energy and numerous other vertical industries rely on Seeq to improve production outcomes, including yield, margins, quality, and safety. Headquartered in Seattle, Seeq is a privately held virtual company with employees across the United States and sales representation in Asia, Canada, Europe, and South America.