Seattle-based industrial analytics company Seeq has raised a $50 million Series D round.
Sixth Street Growth led the funding, which Seeq announced Tuesday. San Francisco-based Sixth Street Growth has invested in big-name companies like Airbnb and Spotify.
"This investment bolsters Seeq's ability to support our customers' critical industry needs," Seeq CEO Lisa Graham said in a release. "We are excited to continue our growth with a stronger balance sheet and partnership with Sixth Street."
Nari Ansari, managing director at Sixth Street Growth, is joining Seeq's board as part of the investment.
Related coverage
Seeq, founded in 2013, helps industrial companies use their data to gain business insights. It works with clients in chemicals, pharmaceuticals, mining, and oil and gas, among others.
Seeq has raised about $165 million since its founding. The company raised a $50 million Series C round in 2021. Later that year, Graham took the CEO role from co-founder Steve Sliwa, who is now the executive chairman of the data visualization company Iota Software, according to his LinkedIn page. Graham had been Seeq's chief operating officer before taking the CEO job.
Sixth Street Growth is part of the larger investment firm Sixth Street, which has over $75 billion in assets under management and more than 600 employees. Insight Partners, Altira Group, Second Avenue Partners and Saudi Aramco Energy Ventures also participated in the Series D round.
For more stories like this one, sign up for Seattle Inno newsletters from the Puget Sound Business Journal and the American Inno network.
