Distence Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • M&A

Distence General Information

Description

Developer of remote monitoring solutions designed 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)
Financing Status
Formerly VC-backed
Corporate Office
  • Sinikalliontie 18 B
  • 02630 Espoo
  • Finland
+358 020
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Parent Company
Vertical(s)
SaaS, Internet of Things
Corporate Office
  • Sinikalliontie 18 B
  • 02630 Espoo
  • Finland
+358 020

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Distence Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 11-Nov-2024 Completed Generating Revenue
2. Merger/Acquisition 02-Oct-2012 Completed Generating Revenue
1. Early Stage VC Completed Generating Revenue
To view Distence’s complete valuation and funding history, request access »

Distence Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Distence Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Miston Investment Family Office Majority
VNT Management Venture Capital Minority
To view Distence’s complete investors history, request access »

Distence FAQs

  • When was Distence founded?

    Distence was founded in 2002.

  • Where is Distence headquartered?

    Distence is headquartered in Espoo, Finland.

  • What is the size of Distence?

    Distence has 11 total employees.

  • What industry is Distence in?

    Distence’s primary industry is Business/Productivity Software.

  • Is Distence a private or public company?

    Distence is a Private company.

  • What is Distence’s current revenue?

    The current revenue for Distence is .

  • Who are Distence’s investors?

    Miston Investment and VNT Management have invested in Distence.

  • When was Distence acquired?

    Distence was acquired on 11-Nov-2024.

  • Who acquired Distence?

    Distence was acquired by Megger Group.

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