Panoratio Database Images Overview
Panoratio Database Images, Inc. was established in March, 2003, in Munich, Germany. The technology grew out of work started by Dr. Reimar Hofmann and Dr. Michael Haft at Siemens AG Artificial Intelligence/Machine Learning Laboratory, focused on optimizing the installation and performance of gas turbine engines within Siemens Westinghouse power plants. Sensors placed throughout the power plant...More»
Panoratio Database Images, Inc. was established in March, 2003, in Munich, Germany. The technology grew out of work started by Dr. Reimar Hofmann and Dr. Michael Haft at Siemens AG Artificial Intelligence/Machine Learning Laboratory, focused on optimizing the installation and performance of gas turbine engines within Siemens Westinghouse power plants. Sensors placed throughout the power plant generated extremely complex datasets that were impossible to analyze efficiently. Hofmann and Haft solved this problem through development of a pure software solution that reduces the footprint of the dataset without losing any of the detail or complexity. Recognizing the universal value of the solution, Siemens AG, along with Haft and Hofmann, established Panoratio as a separate company.«Less
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| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 09/14/2005 | Series B | 5.58M | Unknown |
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