Machfu raises $3.5M in series A round
Daily Record Staff//December 17, 2019//
A Rockville developer of industrial “internet of things” products and services has raised $3.75 million in its series A round.
The investment in Machfu Inc. was led by CSL Ventures ,with participation from Blu Ventures, Texas Ventures and Texas Halo Fund.
The company intends to use the capital to expand in the in smart grid and oil and gas markets and grow its industrial offerings.
Machfu’s products and services integrate assets, sensors and control center systems to connect data for business analytics.
Related Content
Maryland Daily Newsletters
Sign up for your daily digest of Maryland news.
- By signing up you agree to our
- Privacy Policy
Editors Picks
Learn about the 2026 Leaders in Law honorees
21/4/2026
Contractor, MD consultant charged in alleged USPS bribery conspiracy
20/4/2026
Lawyer didn’t commit ‘obvious error’ on cell tower testimony, [...]
20/4/2026
MD colleges start programs to give high schoolers jump on campus life
20/4/2026
Judge: Baltimore IG’s records access ‘crushed’ by administrati[...]
17/4/2026
More News
Judge blocks Trump administration actions stymieing wind, solar projects
21/4/2026
Chavez-DeRemer steps down as US labor secretary amid misconduct probe
21/4/2026
Federal judge blocks $6B Nexstar-Tegna TV merger
21/4/2026
Supreme Court rejects Massachusetts school gender-identity policy challenge
20/4/2026
Trump ballroom construction allowed for now, appeals court says
20/4/2026
Networking Calendar
Submit an entry for the business calendar











