What is Opto 22?
Founded in 1974, Opto 22 is a privately held entity specializing in the development and manufacturing of industrial automation and control solutions. Their product portfolio includes the groov RIO and groov EPIC System, which are engineered for real-time input/output sensing, control, and robust connectivity across diverse industrial applications. The company targets industries that demand high reliability in automation, process control, remote monitoring, and IIoT implementations. Opto 22 distinguishes itself through its commitment to open standards, U.S.-based manufacturing, and a strong emphasis on customer support and collaborative engineering.
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?
The recent major strategic investment signals Opto 22's intent to further solidify its market leadership and potentially expand its technological offerings. This backing will likely fuel advancements in their groov product line, enhance connectivity solutions, and support the growing demand for IIoT integration in manufacturing and industrial processes. The company's focus on U.S.-made products and open standards positions it well to capitalize on reshoring trends and the increasing need for secure, reliable automation infrastructure. Future growth may involve deeper penetration into existing markets and exploration of new industrial verticals requiring sophisticated control and monitoring capabilities.
See full Opto 22 company page
