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Based in Indianapolis, Indiana, DATTUS provides industrial Internet of Things hardware and software platforms designed to monitor rotating equipment and enable predictive failure detection for manufacturing operations. Prior to its acquisition, the enterprise operated with 10 full-time employees and maintained an additional research and development facility located in Pune, India, while projecting an expansion to 37 jobs by 2020. The company successfully raised nearly $1 million in early venture funding and grants by 2016, participating as a recognized finalist in the Clean Energy Trust Challenge. Originally established by graduates of Purdue University under the name Bearing Analytics, the business was ultimately acquired by smart manufacturing software provider Plex Systems in 2018 to integrate machine connectivity into its broader cloud ecosystem. DATTUS was originally founded in December 2012 by Anurag Garg and Lokesh Gupta.
DATTUS has raised $1.0M across 1 funding round.
DATTUS has raised $1.0M in total across 1 funding round.
DATTUS is a technology company specializing in Industrial Internet of Things (IIoT) solutions that enable industrial facilities to achieve near-zero downtime through data-driven asset monitoring and failure prediction. Their core offering is a comprehensive 4-part solution that integrates hardware and software to provide continuous, actionable intelligence for maintenance engineers, empowering smarter decision-making and predictive maintenance. DATTUS serves industrial operators aiming to transition to Industry 4.0 by transforming traditional machines into smart, connected assets that deliver predictive, prescriptive, and preventative insights[1][2][3].
Founded in 2013 and headquartered in Indianapolis, DATTUS has demonstrated growth momentum through its acquisition by Plex Systems, which accelerates IIoT adoption. The company raised $1.56 million in funding from investors including Plex Systems, M25, JioGenNext, gener8tor, and Founder.org, reflecting confidence in its technology and market potential[2][4].
DATTUS began as a Purdue University-based startup founded in 2013. The founders leveraged their academic and technical expertise to address the challenge of limited machine insight in industrial environments. The idea emerged from the need to move beyond reactive maintenance toward predictive and prescriptive analytics that could reduce downtime and improve operational efficiency. Early traction was marked by the development of a solution that connects manufacturing equipment and sensors to the cloud, managing high-volume data streams and analyzing equipment data in real time. This innovation positioned DATTUS as a pioneer in smart machine technology within the industrial automation sector[1][2][4].
DATTUS rides the wave of the Industrial Internet of Things and Industry 4.0, where manufacturing and industrial operations increasingly rely on connected devices and data analytics to optimize performance. The timing is critical as industries face pressure to reduce downtime, improve efficiency, and adopt digital transformation strategies. Market forces such as the proliferation of affordable sensors, advances in cloud computing, and the need for sustainable operations favor DATTUS’s solutions. By enabling predictive maintenance and smart machine capabilities, DATTUS influences the broader ecosystem by accelerating IIoT adoption and helping industrial companies compete in a rapidly evolving technological landscape[1][2][4].
Looking ahead, DATTUS is positioned to expand its impact through deeper integration with Plex Systems and broader adoption of IIoT technologies. Trends such as increased automation, AI-driven analytics, and edge computing will shape their journey, enabling even more sophisticated predictive maintenance and operational intelligence. As industrial facilities continue to embrace digital transformation, DATTUS’s role as a provider of actionable, real-time machine insights will likely grow, reinforcing its influence in driving the next industrial revolution. Their commitment to near-zero downtime and smart machines ties back to their founding vision of transforming industrial maintenance through data-driven intelligence[1][2][4].
DATTUS has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2016 | $1M Seed | — | 500 Global, Gener8tor, TNT Venture, Jeff Rusinow | Announced |
DATTUS has raised $1.0M in total across 1 funding round.
DATTUS's investors include 500 Global, gener8tor, TNT Venture, Jeff Rusinow.
