Seeq Adds Board Member Cameron Myhrvold; Emerging Markets Vice President, Michael Risse

February 25, 2014

Seeq® Corporation (www.seeq.com), which closed a $6 million Series A round in November, today announced the addition of Cameron Myhrvold to the Seeq board of directors. Mr. Myhrvold is an investor in Seeq and currently a partner with Bellevue-based Ignition Partners, where he sits on the board of 5 current portfolio organizations. He has previously served on the boards of 12 others.

“We’re excited to have Cameron join the Seeq board of directors,” said Pete Higgins, Founding Partner, Second Avenue Partners, and Chairman of Seeq’s board of directors. “His expertise with successful start-ups, big data technologies, and enterprise platforms is valuable to the Seeq team.”

The company also announced the addition of Michael Risse as an officer of Seeq, where he will serve as the Vice President of Emerging Markets.  Mr. Risse joins Seeq with more than 20 years of experience in enterprise software. Most recently he consulted with startups in the cloud and big data ecosystems.  Mr. Risse’s charter is to advance Seeq technologies in the emerging Internet of Things and cloud-based analytics sectors.

“The addition of Cameron and Michael are important to Seeq’s efforts,” said Steve Sliwa, CEO of Seeq. “They both bring expertise in the big data technology platforms upon which we are building value for our customers. Their contributions will increase Seeq’s opportunities ahead in the emerging market for cloud-based sensor and instrument analytics.”

Mr. Sliwa was formerly CEO of Insitu, an unmanned aircraft systems developer that was acquired by Boeing in 2008. Sliwa launched Seeq in May 2013 with an experienced founding team that includes executives, engineers, and data scientists formerly with OSIsoftHoneywellMicrosoft, and Insitu. The company is headquartered in Seattle and has satellite offices throughout the United States and Canada.

Seeq’s focus is on adding value to Industrial Process Data (IPD), the time series data generated by production assets and its related context from business systems and processes.  Seeq enables the discovery of insights on IPD that drive decisions for continuous improvement and increased profitability.

About Second Avenue Partners

Second Avenue Partners (www.secondave.com) is a Seattle-based provider of management, strategy, and capital for early stage companies. Formed in 2000, the firm seeks strong entrepreneurial teams; innovative concepts with market-disruptive opportunities; and models that take advantage of cutting-edge technologies. Second Avenue Partners was an early investor in companies such as Insitu, Modumetal, and MarketLeader.

About Seeq Corporation

Seeq, a global leader in advanced analytics and AI for industrial companies, delivers a self-service, enterprise SaaS platform and solutions to accelerate critical insights and action from historically unused data. Oil and gas, pharmaceutical, specialty chemical, utility, renewable energy, and numerous other vertical industries rely on Seeq to optimize business and production outcomes, including yield, margins, quality, and sustainability. Seeq is a privately held virtual company with employees across the United States and sales representation in Asia, Canada, Europe, and South America. To learn more about Seeq, visit www.seeq.com.