AcousticEye

Pipe Inspection Using Acoustic and Ultrasonic Pulses

Industrial Technologies
Acquired (Inactive) by Arise Global on Jan 2016 - closed due to acquisition
Acquired Tel Aviv-Yafo Founded 2005
LinkedIn
Total raised
$15.0M
Last: Undisclosed 2014-07
Stage
Acquired
Founded
2005
Headcount
7
HQ
Tel Aviv-Yafo
Sector
Industrial Technologies

About

AcousticEye is a pioneer in non-traversing tube and pipe inspection for heat exchangers and boilers. The technology detects cracks, blockages, and other flaws using acoustic and ultrasonic pulses. Serving the global non-destructive testing (NDT) industry, the AcousticEye system has the potentialtosignificantly increase operational efficiency in the oil and gas, power generation, and petrochemical markets. AcousticEyes patented technology features dual modes of pulse reflectometry operating in parallel for ultra-fast inspection of todays most challenging tube sizes and configurations up to 4 in any shape or material. Its newest generation DUET system is an advanced yet easy-to-use tool that requires only a single operator. With its simple operation, automated analysis, and straightforwardreport generation, the system requires minimal training. In early 2016, AcousticEyes pulse reflectometry technology platform wassold to Arise Global Pte Ltd, a company headquartered in Singapore.Arise Global is a longtime customer and service provider of AcousticEye equipment with deep experience inpulse reflectometry and a continuing commitment to the wider NDT industry.

Funding history · 4 rounds · $15.0M total

2014-07
Undisclosed $2.0M
2013-12
Undisclosed $7.0M
2012-05
Undisclosed $6.0M
2010-11
Seed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was AcousticEye founded?
AcousticEye was founded in February 2005.
What is AcousticEye's primary business?
AcousticEye specializes in non-traversing tube and pipe inspection for heat exchangers and boilers, using acoustic and ultrasonic pulses to detect flaws.
What was AcousticEye's operational status as of January 2016?
In January 2016, AcousticEye became inactive due to its acquisition by Arise Global.
Who acquired AcousticEye's technology platform?
In early 2016, Arise Global Pte Ltd, a company headquartered in Singapore, acquired AcousticEye's pulse reflectometry technology platform.
What was the total amount raised by AcousticEye?
AcousticEye raised a total of $15,000,000 in funding. For a full financing history, please refer to startupim.
Which investor participated in AcousticEye's Seed round in November 2010?
Sequoia Capital was an investor in AcousticEye's Seed round in November 2010.
Which investor participated in AcousticEye's $2 million funding round in July 2014?
Roman Abramovich invested in AcousticEye's $2 million funding round in July 2014.
How many employees did AcousticEye have?
AcousticEye had 7 employees.

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesOperational Optimization Solutions
Business model
B2B

Highlights

1 Patents

Tags

heat-exchangersinspection-and-testingpipes-and-pipelinesoil-and-gas-companiesoperations-optimizationindustry-4-0