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About First Resonance
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
11-50
Company Stage
Series A
Total Funding
$17.5M
Headquarters
Los Angeles, California
Founded
2018
Overview
First Resonance provides a manufacturing software platform called ION, which is designed to improve the production process for hardware companies. The platform allows engineers and technicians to navigate through various production steps easily, capturing comments, attaching files, and sharing feedback in real-time. ION integrates multiple aspects of manufacturing, including purchasing parts, managing inventory, and overseeing the supply chain, ensuring high-quality production and compliance with regulatory standards. Unlike its competitors, First Resonance focuses on creating a unified platform that enhances collaboration and visibility throughout the manufacturing process. The company's goal is to help hardware companies achieve faster, more efficient, and higher-quality production through its software solutions.
Simplify's Take
What believers are saying
- Recent $32M funding will enhance ION OS and expand customer support and development.
- ION Marketplace launch will create a dynamic ecosystem for developers and integration partners.
- Adoption in aviation, maritime, and nuclear sectors showcases platform's versatility and industry traction.
What critics are saying
- Emerging competition from Critical Manufacturing could threaten First Resonance's market share.
- Augmented reality solutions by companies like Scope AR may challenge First Resonance's offerings.
- Telemetry-focused startups like Sift could introduce new competitive pressures in digital manufacturing.
What makes First Resonance unique
- First Resonance's ION platform offers real-time visibility and collaboration for hardware production.
- ION Analytics provides immediate insights into manufacturing bottlenecks, enhancing decision-making and efficiency.
- The platform integrates supply chain management, ensuring high-quality production and regulatory compliance.
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Funding
Total Funding
$17.5M
Meets
Industry Average
Funded Over
2 Rounds
Craft VenturesIndustry standards
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↓ -8%2 year growth
↓ -8%As a Silver Sponsor of the 17th International MES Conference, Critical Manufacturing is doubling down on its commitment to pushing the boundaries of smart manufacturing.
First Resonance secured a new funding round led by Third Prime, raising total funding to $32M. The investment will enhance the ION Factory OS platform, expand customer support, and launch the ION Marketplace for developers and partners. The platform is widely adopted in industries like aviation and energy. First Resonance aims to integrate AI-driven workflows and expand its network of integration partners to advance digital manufacturing.
First Resonance, a leader in digital manufacturing solutions, announced the successful close of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12.
Company Launches ION Marketplace for Application Developers and Integration PartnersLOS ANGELES, Dec. 23, 2024 /PRNewswire/ -- First Resonance, a leader in digital manufacturing solutions, announced the successful close of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This investment, which brings total funding raised to $32M, marks a critical step in advancing First Resonance's ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. The funding will fuel product development, expand customer support, and launch the ION Marketplace — a dynamic ecosystem for application developers and integration partners to build digital solutions on ION Factory OS.Customer Success and Industry TractionFirst Resonance's ION Factory OS platform has seen rapid adoption across diverse industries as manufacturers turn to the platform to meet modern production demands with precision and agility. The platform is a critical enabler for leading companies building advanced aircraft, advancing towards FAA certification of electric aircraft; Saronic, innovating autonomous modular boats to support America's evolving maritime needs; and Radiant Nuclear, designing and certifying micro-nuclear reactors to address defense and civilian energy requirements. First Resonance has also partnered with established firms like Blue Canyon Technologies (RTX Corporation) and several other Fortune 500 companies seeking to elevate their manufacturing capabilities through digital solutions."We are proud to partner with pioneering manufacturers to help drive the future of digital manufacturing," said Karan Talati, CEO of First Resonance
With eQ's eQube(R) -DaaS platform, WorkLink can seamlessly integrate with a variety of systems, including Product Lifecycle Management (PLM), Internet of Things (IoT), Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP), and Learning Management Systems (LMS).
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About First Resonance
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
11-50
Company Stage
Series A
Total Funding
$17.5M
Headquarters
Los Angeles, California
Founded
2018
There are no jobs for First Resonance right now.
Find jobs on Simplify and start your career today