Nurego
Business Solutions for Industrial Internet of Things
Company Overview
Snapshot
Founded in December 2013 by Harel Kodesh, Nurego operated with 11–50 employees. The company raised $2 million across one funding round before being acquired by General Electric in February 2017.
Business overview
Nurego developed business operations and monetization solutions tailored for industrial and technology companies transitioning their portfolios to cloud-native applications. The company's core technology focused on cloud-based data storage, operating GE's Predix platform, which provided secure applications for industrial IoT. Nurego served markets including industrial manufacturing and enterprise & professional services, with a focus on IT and general enterprises, and operated within the Enterprise Solutions sector.
Strategic signal
Nurego's acquisition by General Electric in February 2017 highlights the strategic importance of specialized IoT monetization and business operations platforms within the industrial sector. This event signaled a consolidation trend where major industrial players sought to integrate advanced software capabilities to enhance their cloud-native offerings and strengthen their Industrial IoT ecosystems.
Log in to access full profile ›Company Intelligence Q&A
- What is Nurego's primary business focus?
- Nurego provides business operations and monetization solutions for industrial and technology companies that are transitioning their existing portfolios to cloud-native applications, including operating GE's Predix platform for industrial IoT.
- When was Nurego founded?
- Nurego was founded in December 2013.
- What was a significant corporate milestone for Nurego?
- Nurego was acquired by General Electric in February 2017, and its activities have since been integrated into GE.
- Which markets does Nurego serve?
- Nurego serves industrial and technology companies, with a focus on industrial manufacturing and enterprise & professional services, particularly in IT and general enterprises.
- What was Nurego's last disclosed funding amount?
- Nurego raised $2 million in a seed round in December 2013.