Seattle-based industrial analytics startup Seeq announced on Tuesday that it has secured$50 million in new funding,bringing its total investment to approximately$165 million.The funding round was led by global investment firm Sixth Street Growth,with participation from existing investors including Insight Partners,Altira Group,Second Avenue Partners,and Saudi Aramco Energy Ventures.

　　Founded in 2012 by Steve Sliwa,who sold his unmanned aircraft company Insitu to Boeing for$400 million,Seeq specializes in leveraging analytics,artificial intelligence,and monitoring to help industrial businesses optimize their operations.The company’s clientele spans 36 countries and includes industries such as energy,pharmaceuticals,specialty chemicals,materials,mining,and utilities.

　　Sliwa served as CEO until 2021,when Lisa Graham,who had previously been the chief operating officer,took over as CEO.Graham holds a PhD in chemical engineering from Oregon State University and is a registered professional chemical engineer.

　　Graham expressed enthusiasm about the new funding,stating,“This investment bolsters Seeq’s ability to support our customers’critical industry needs.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,will join Seeq’s board of directors as part of the investment agreement.