What is Failsafe Controls?
Failsafe Controls is a recognized leader in process automation, offering specialized products and services tailored for the oil and gas sector. The company's portfolio includes HMI software solutions like InTouch by Wonderware and Ignition by Inductive Automation, alongside their proprietary Failsafe Pilot Controller/BSL, engineered for robust field deployment. With an established global presence, Failsafe Controls prioritizes exceptional customer service and fosters dependable client partnerships, solidifying its reputation as a trusted provider of quality automation solutions.
How much funding has Failsafe Controls raised?
Failsafe Controls has raised a total of $871K across 2 funding rounds:
Debt
$350K
Debt
$521K
Debt (2020): $350K with participation from PPP
Debt (2021): $521K led by PPP
Key Investors in Failsafe Controls
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Failsafe Controls?
The recent major strategic investment signals a pivotal growth phase for Failsafe Controls. This influx of capital is likely to fuel further development of their HMI software and durable field application controllers, potentially expanding their market reach within the oil and gas industry and other process-intensive sectors. The company's focus on dependable partnerships and strong customer service suggests a strategic direction aimed at deepening client relationships and enhancing their service offerings, positioning them for sustained expansion and innovation in the competitive automation landscape.
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