Flojoy
29.8.2023 16:02:11 CEST | ACCESS Newswire | Press release
Plotly Co-founder and former CEO creates Flojoy, the first no-code test, measurement software
MONTREAL, QC / ACCESSWIRE / August 29, 2023 / Today, Flojoy announces an oversubscribed seed round of $1.3 million USD from Flybridge Capital Partners, Boreal Ventures, and BDC Capital to disrupt the test, measurement, & control (TMC) market with its open-source, Python-based AI software. TMC is the bedrock of every research and development "hard-tech" laboratory and software enterprise. Over the past century, there would have been zero applied science and manufacturing progress without the invention of the computer and its application to sense and control physical spaces. Now, TMC UX will undergo a renaissance, building off of the last decade of open-source software innovation.
To view this piece of content from www.accesswire.com, please give your consent at the top of this page."Test, measurement, and control (TMC) has been absolutely fundamental to every industrial manufacturing breakthrough, but the software has been in the relative dark ages," said Jack Parmer, Founder and CEO of Flojoy. "Today's scientists, engineers, data scientists and business analysts deserve better and no-code software to scale efficiently."
Test, measurement, and control (TMC) and artificial intelligence (AI) are natural bedfellows. While TMC is concerned with sensing and responding to data from the physical world, AI is concerned with using vast troves of data to refine machine learning (ML) models for domain-specific mastery. Already, resourceful scientists and engineers are applying foundational ML models to textbook TMC use cases in every field: microscopes that ship with automatic object identification, computer-vision cobots that perceive and respond to their environments in real time, and oscilloscopes that learn to predict signals.
"Flojoy is applying the open-core/open-source model to software for heavy industry and deeptech. We're thrilled to watch them accelerate the world's largest R&D institutions with this approach - just like Jack and his team did at Plotly," said Hassan Bhatti, Partner at The Community Fund, a Flybridge Network Fund.
Prior to founding Flojoy, Jack Parmer led the creation of Domino Data Lab's Code Assist, a low-code capability to democratize advanced analytics using Python and R.
"Since founding Plotly, Jack Parmer has been an unstoppable moving force in scientific Python," said Nick Elprin, CEO and co-founder of Domino Data Lab. "I'm excited to see him continue to expand cutting-edge options to build and operate AI at scale."
At age 26, Parmer founded Plotly, the de facto interactive data visualization software for scientists working in Python and R, where he led the company as CEO through $18M in fundraising, $10M in annual recurring revenue, and created the "python code to web app" category, growing virally to 200 million software downloads under his tenure. Plotly helped to modernize numerical computing by making one of its pillars (data visualization) free, interactive, exceptionally well documented, and more complete in capabilities than most scientific charting software before it.
"With Plotly, Jack created a highly successful open-source data science company. The test, measurement, and control space is important to our fund and our portfolio companies, and we're excited to partner with Jack and his team on their next open-source chapter, Flojoy," said Charles Lespérance, Partner at BDC Capital's DeepTech Fund.
Flojoy intends to use the seed investment to hire more engineers to build out first-class Python support for over 700 benchtop scientific instruments and microcontrollers, which will usher in a new era of open-source TMC standardization. Its first major customer is a U.S. electric aircraft manufacturer. Heavy industry and hard-tech titans like Hitachi, Ford, Boeing, SpaceX, Intel, and Medtronics are all essentially TMC companies at their core and Flojoy hopes to help.
With Plotly, Jack has shown his ability to foresee fundamental trends in the open-source community, hire world-class talent, and build what is now a pillar in the Python community. Floyjoy expands on the same traits that made Plotly a success, in what we believe is a market ripe for innovation," adds David Charbonneau, Managing Partner at Boreal Ventures.
About Flojoy
Flojoy provides no-code, open-source, Python-based AI software for the test, measurement, & control (TMC) market. The Flojoy Studio is a drop-in replacement for engineering software such as LabVIEW, Simulink, RapidMiner, and Alteryx. Learn more at https://www.flojoy.ai/.
Download & Quickstart: https://docs.flojoy.ai
Friendly help: https://community.flojoy.ai
Demo videos: https://www.youtube.com/@flojoy_ai
Student Ambassador Program: University students only
Media contact: media@flojoy.io
Press kit: https://docs.flojoy.ai/press-kit
Contact Information
Lauren Burke
Media Relations
media@flojoy.io
SOURCE: Flojoy, Inc.
To view this piece of content from stats.newswire.com, please give your consent at the top of this page.View source version on accesswire.com:
https://www.accesswire.com/777154/Flojoy-Announces-13M-in-Seed-Capital-From-Flybridge-Capital-Partners-Boreal-Ventures-and-BDC-Capital
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Opti Digital Launches NEXA, an AI-Powered Intelligence Layer9.11.2026 12:00:00 CET | Press release
PARIS, FR / ACCESS Newswire / November 9, 2026 / Opti Digital, the leading AdTech company specialising in publisher revenue optimisation, today announced the launch of NEXA, its AI-powered intelligence layer designed to connect signals across the Opti Digital platform and help publisher teams make faster, better-informed decisions. Publisher teams work with revenue data, bidder signals, inventory changes, traffic shifts, alerts and dashboards as part of their daily operations. The opportunity lies in connecting these signals quickly enough to understand what changed, what is driving performance, what deserves attention and where teams should focus next. By streamlining how teams investigate performance changes, NEXA is designed to help them move faster from a signal to an informed decision. NEXA's first client-facing capability, NEXA AI Assistant, brings conversational analysis into publisher monetisation workflows. Connecting the Dots in Monetisation Through NEXA AI Assistant, users c
Valsoft's TAG Software Group Enters the Content Operations Market with the Acquisition of Chalco6.11.2026 16:25:00 CET | Press release
MONTRÉAL, QC / ACCESS Newswire / November 6, 2026 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and long-term development of vertical market software businesses, today announced the acquisition of 100% of Chalco, a software platform for managing the full lifecycle of product content and information, from Hyphen-Group. The deal marks Valsoft's entry into the content operations market, a fast-growing space that is increasingly critical to organizational growth in the age of AI, and brings the number of industries in which Valsoft operates to more than 20. The acquisition was completed by TAG Software Group through Chalco Technologies Srl ("Chalco Technologies"), a newly formed company wholly owned by Valsoft. Chalco was developed within Hyphen-Group, an Italian company active in the content operations market for more than 25 years, with offices in Affi (Verona), Milan, and Lugano, Switzerland, and a client base that includes some of the world'
Innodata Reports Record Third Quarter 2026 Results5.11.2026 22:05:00 CET | Press release
NEW YORK, NY / ACCESS Newswire / November 5, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the third quarter ended September 30, 2026.Revenue of $95.6 million, representing 53% year-over-year revenue growth.Adjusted Gross Profit of $38.3 million, representing Adjusted Gross Margin of 40%.*Adjusted EBITDA of $17.7 million, or 18.5% of revenue, an increase of $1.5 million from $16.2 million in the same period last year.*Net income of $10.3 million, or $0.30 per basic share and $0.29 per diluted share for the three-month period ended September 30, 2026, compared to net income of $8.3 million, or $0.26 per basic share and $0.24 per diluted share, in the same period last year.Cash and cash equivalents of $164.0 million as of September 30, 2026, an increase of $81.7 million from $82.2 million as of December 31, 2025. Cash as of September 30, 2026 includes customer prepayments related to pass-through costs; net of these prepayments, cash was approximately $153.7 million as of
MicroVision and LAKE FUSION Technologies Sign Multi-Year Strategic Partnership Agreement for IRIS(TM) Lidar Sensors5.11.2026 15:20:00 CET | Press release
ORLANDO, FL AND MARKDORF, GERMANY / ACCESS Newswire / November 5, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, security and defense, intelligent infrastructure, and automotive mobility, today announced a multi-year strategic partnership agreement with LAKE FUSION Technologies (LFT), a German developer of advanced sensor fusion and situational awareness systems. Under the agreement, LFT has committed to purchasing MicroVision IRIS™ long-range lidar sensors throughout 2027 and into 2028 for integration into its Awareness Systems (AS-1), designed to enhance safety and obstacle detection for civil and military helicopter operations. The multi-year agreement marks another significant commercial milestone following the companies' June 2026 announcement to expedite the integration of IRIS lidar technology and accelerate the deployment of advanced situational awareness solutions. With testing and evaluation progressing into a formal strategi
Chervon Names Doug Palmer Vice President of Finance - Canada5.11.2026 15:00:00 CET | Press release
TORONTO, ON / ACCESS Newswire / November 5, 2026 / Effective November 9, 2026, Chervon names Doug Palmer Vice President of Finance - Canada, reporting to Neil Harrison, Vice President and Managing Director of Chervon Canada. He will also have a dotted-line reporting relationship to Ryan Wang, Chief Financial Officer, Chervon NA. Palmer brings to Chervon an exceptional 20-year career of increasingly responsible positions in Canadian financial management. During his 18-year career at J.M. Smucker, he held financial management positions as Analyst, Senior Manager, Director, and Senior Director, responsible for all elements of financial control and FP&A. Most recently, he served as Vice President of Finance at the Crump Group. "We have identified Canada as a strategic priority for Chervon with massive growth potential," said Joe Galli, Chervon CEO. "We are building the best leadership team in the Power Tool and OPE industry in Canada. Doug Palmer is an outstanding addition to this high-per
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom