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HealthTech Series B Founded 2004

Glassbeam

Glassbeam provides an AI and cloud-based machine data analytics platform that transforms complex log data from medical equipment into actionable operational insights for healthcare providers, service organizations, and manufacturers. The company's flagship product, Clinsights, offers Service Analytics and Utilization Analytics modules that discover, transform, analyze, and visualize data from complex machine logs…

📍 Sunnyvale, United States · Healthcare IT,

Funding snapshot

Last roundSeries B
Amount$10M
Date14 December 2021
Total raised$18M
Team size42

About

Glassbeam provides an AI and cloud-based machine data analytics platform that transforms complex log data from medical equipment into actionable operational insights for healthcare providers, service organizations, and manufacturers. The company's flagship product, Clinsights, offers Service Analytics and Utilization Analytics modules that discover, transform, analyze, and visualize data from complex machine logs across MR, CT, and Cath Lab equipment. Glassbeam's patented platform ingests any complex log file and scales from gigabytes to terabytes of data per day, with a proprietary language that builds analytics from log data in a single step, delivering a 100x improvement in time to value. The platform connects over 3,000 medical assets, processes 5M+ exams annually, and maintains a 300TB+ analytics data lake. Glassbeam drives four key outcomes: minimizing unplanned downtime through predictive service, driving operational efficiency through consolidated equipment and staff performance analysis, managing fleet-wide utilization with real-time insights, and elevating business intelligence through enterprise-wide machine data analysis. Customer results include supporting 250+ service engineers with proactive alerts, gaining 70-80 hours of productive revenue-generating time per machine annually, and avoiding 180 hours of unplanned downtime. Founded in 2004 and headquartered in Sunnyvale, California, Glassbeam has raised $17.6M in Series B funding from investors including Appian Way Asset Management, MultiCare, VKRM, SRI Capital, Tech Coast Angels, and TiE Angels.

Business model

Healthcare IT > Provider > Administrative Solutions > Materials Management > Inventory Management > Traceability > Medical Assets

Team background

College Wise > University of Chicago

Institutional investors

Appian Way Asset Management MultiCare VKRM Tech Coast Angels TiE Angels SRI Capital Humla

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