What is Opto 22?
Founded in 1974, Opto 22 has evolved from a traditional hardware manufacturer into a pivotal player in the Industrial Internet of Things (IIoT) landscape. The company specializes in high-performance industrial automation and control systems, most notably the groov RIO and groov EPIC platforms. These technologies provide essential real-time I/O sensing and seamless connectivity, enabling organizations to bridge the gap between legacy operational technology and modern digital ecosystems. By prioritizing open standards and engineering-led collaboration, Opto 22 serves a diverse client base that requires high-reliability process control and remote monitoring capabilities. Their focus on domestic manufacturing and long-term product support distinguishes them as a stable, high-authority provider in a sector often characterized by rapid, disruptive shifts.
How much funding has Opto 22 raised?
Opto 22 has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Opto 22
PPP
Public-Private Partnership
What's next for Opto 22?
With this major enterprise-level funding, Opto 22 is well-positioned to accelerate its strategic roadmap, focusing on the expansion of its IIoT software capabilities and the integration of advanced edge computing features. The capital will likely be deployed to enhance the scalability of the groov ecosystem, ensuring that industrial clients can continue to leverage real-time data for predictive maintenance and operational efficiency. As the industry moves toward more decentralized control architectures, Opto 22's emphasis on open-standard connectivity will be critical in maintaining its competitive edge. Future growth will likely center on deepening market penetration within sectors that demand high-security, high-availability automation, further cementing the company's role as a foundational partner for industrial digital transformation.
See full Opto 22 company page
