{"id":96038,"date":"2018-04-05T10:22:31","date_gmt":"2018-04-04T23:22:31","guid":{"rendered":"http:\/\/smartoffice.com.au\/?p=96038"},"modified":"2018-04-05T10:22:31","modified_gmt":"2018-04-04T23:22:31","slug":"telstra-ventures-et-al-back-qld-iot-start-movus","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2018\/04\/05\/telstra-ventures-et-al-back-qld-iot-start-movus\/","title":{"rendered":"Telstra Ventures Et Al. Back Qld IoT Start-Up Movus"},"content":{"rendered":"

Movus, a Queensland start-up that has developed technology for monitoring electric motors and anticipating failures, has secured $4.8 million in Series A funding from Blackbird Ventures, Telstra Ventures and Skip Capital.<\/p>\n

Movus’s FitMachine system comprises a sensor that attaches magnetically to the motor and monitors vibration, noise and temperature. Data is passed to a Movus IoT platform that uses artificial intelligence to determine when the motor is not functioning correctly.<\/p>\n

Telstra Ventures MD Matthew Koertge said Movus aligns well with Telstra’s broader IoT strategy and would provide “a compelling IoT value proposition for machinery owners and a unique opportunity to capture value in the ‘Industry 4.0’ market.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Movus, a Queensland start-up that has developed technology for monitoring electric motors and anticipating failures, has secured $4.8 million in Series A funding from Blackbird Ventures, Telstra Ventures and Skip Capital. Movus’s FitMachine system comprises a sensor that attaches magnetically to the motor and monitors vibration, noise and temperature. Data is passed to a Movus … Read more<\/a><\/p>\n","protected":false},"author":47,"featured_media":50985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,26],"tags":[288,41,486,487,36,488],"class_list":["post-96038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-technology","tag-investing","tag-iot","tag-movus","tag-start-up","tag-telstra","tag-telstra-ventures"],"yoast_head":"\nTelstra Ventures Et Al. 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