Cumulus Digital Systems, a Boston, Massachusetts startup building an Internet of Tools-powered platform to make industrial facilities safer, cleaner, and more productive, raised $4.5m in seed funding.
The round was led by Brick & Mortar Ventures, with participation from Shell Ventures and Castor Ventures.
Led by CEO Matthew Kleiman, and President Mark Litke, Cumulus connects workers, tools, and data to a cloud-hosted software platform to manage maintenance and construction workflows. Its flagship product is the Smart Torque System (STS), which consists of cloud-hosted Cumulus Control Center and a tablet application, TorqueFit, that communicates with Bluetooth-enabled digital tools in the field.
The platform collects data from digitally-enabled tools in the field to provide a single source of “truth” for real-time quality assurance and progress tracking.
STS is currently operational at six facilities in the United States, Canada, and Singapore, with more than 50 sites on six continents in the deployment pipeline.
The company is a spin-out from Shell’s Cambridge technology center, Shell TechWorks.
FinSMEs
20/12/2018