Datanomix raises $6m in series A funding

Nashua-based software firm seeks to expand sales, marketing, engineering efforts

May 6, 2021

Jeff Feingold,

Datanomix co-founders Greg McHale, left, and John Joseph. The Nashua company just completed a $6 million investment round.

Datanomix, a Nashua-based vendor of software for manufacturers, has raised $6 million in series A funding.

The round was co-led by Gutbrain Ventures and PBJ Capital, with participation by CEAS Investments and existing investors, including Argon Ventures, York IE, Wasabi Ventures, Alumni Venture Group and Millworks Fund.

The latest investment brings the company’s total raised to date to $9 million.

The capital will be used to allow the company to expand its sales, marketing, customer success and engineering departments, Datanomix CEO John Joseph said.

The company sees the opportunity to expand its market reach as U.S, manufacturing appears poised to undergo a resurgence and modernize their factories.

Datanomix says its Fusion platform requires no operator input and automatically benchmarks production using only manufacturing equipment data. It also allow users to review specific metrics, jobs and clients at any time.

Datanomix has 15 employees.

Categories: News, Technology

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