ShiraTech Solutions

Company Overview

Snapshot

Founded in December 2005, ShiraTech Solutions operated with 11–50 employees and raised $7.67M across two funding rounds from two investors. The company was acquired by AY Electronics in January 2017.

Business overview

ShiraTech Solutions develops the Intelligent Condition Monitoring Box (iCOMOX), an end-to-end solution for condition-based monitoring, anomaly detection, and predictive maintenance in industrial settings. Its core technology, iCOMOX, integrates five high-quality sensors to monitor vibrations, magnetic fields, temperature, sound, and current. Utilizing advanced artificial intelligence and machine learning at the edge, iCOMOX provides real-time data on machine health, relaying insights to the cloud for analysis to help companies plan, predict, and prevent performance issues. The company operates within the Industrial Technologies sector, serving markets such as industrial manufacturing, energy, utilities, and transportation.

Strategic signal

In October 2021, ShiraTech Solutions acquired knowtion.AI, an artificial intelligence company. This acquisition signals a strategic move to enhance its AI and machine learning capabilities, further strengthening its predictive maintenance and anomaly detection offerings within the Industry 4.0 landscape.

Company Intelligence Q&A

What is ShiraTech Solutions' primary product?

ShiraTech Solutions' primary product is the Intelligent Condition Monitoring Box (iCOMOX), an Industry 4.0-ready solution for condition-based monitoring, anomaly detection, and predictive maintenance of industrial equipment.

When was ShiraTech Solutions founded?

ShiraTech Solutions was founded in December 2005.

What was ShiraTech Solutions' total capital raised?

ShiraTech Solutions raised a total of $7.67M across two funding rounds.

Did ShiraTech Solutions make any acquisitions?

Yes, in October 2021, ShiraTech Solutions acquired knowtion.AI, an artificial intelligence company.