Distence Overview
- Year Founded
-
2002

- Status
-
Acquired/Merged
- Employees
-
11

- 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(Operating Subsidiary)
Corporate Office
- Sinikalliontie 18 B
- 02630 Espoo
- Finland
Corporate Office
- Sinikalliontie 18 B
- 02630 Espoo
- Finland
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 |
Distence Signals
Distence Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Miston Investment | Family Office | Majority | ||
VNT Management | Venture Capital | Minority |
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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