RVI Adds MachineMetrics to its portfolio!

RVI is pleased to announce an investment of $325,000 into our latest portfolio company, MachineMetrics.  More details can be seen in their press release, quoted below:

MachineMetrics was developed to address the need for manufacturing companies to improve on-time delivery and gain greater visibility into their production processes. The funding will help MachineMetrics further accelerate its rapid development and growth trajectory. Manufacturing customers are facing increasing pressure to be more productive. Until MachineMetrics, there has not been an effective and easy to use system to make sense of the data available from many modern machine tools and manufacturing systems. MachineMetrics expects to deliver tremendous value not only to manufacturers in Massachusetts and across the United States, but globall. [...]

MachineMetrics CEO Bill Bither said, “This funding will accelerate our momentum and help us support our growing customer base of small to mid-sized manufacturers, helping them deliver on-time products with better efficiency.”

The full press release can be found at http://www.prweb.com/releases/2015/06/prweb12816694.htm