Distence Overview
- Year Founded
-
2002

- Status
-
Acquired/Merged
- Employees
-
11

- Latest Deal Type
-
M&A
Distence General Information
Description
Developer of remote monitoring solutions catering to industrial maintenance professionals and OEMs. The company specializes in rotating machinery utilizing a combination of a SaaS platform, advanced communication and data transfer, vibration analysis and other continuous condition monitoring methodologies, enabling customers to monitor and manage the operations of industrial assets and build their own smart services.
Contact Information
Website
www.distence.fi
Formerly Known As
Oliotalo
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Parent Company
Miston Investment
Primary Office
- Sinikalliontie 18 B
- 02630 Espoo
- Finland
+358 020 0000000
Distence Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Merger/Acquisition | 02-Oct-2012 | Completed | Generating Revenue | |||
1. Early Stage VC | Completed | Generating Revenue |
Distence Executive Team (6)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Janne-Pekka Karttunen | Chief Executive Officer | ||
Panu Kinnari | Chief Operating Officer | ||
Pasi Lahti | Chief Technology Officer |
Distence Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Timo Tammisto | Miston Investment | Board Member | 000 0000 |
Distence Signals
Distence Former Investors (1)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
VNT Management | Venture Capital | Minority | 000 0000 | 000000 0 |