Eaton Peabody represented industrial software producer HighByte, in the fully subscribed $3.5 million seed round led by the Thomas H. Lee Partners, a Boston-based private equity firm. The lead investment team was joined by CEI Ventures, Maine Venture Fund, Momenta Ventures, and several angel investors. Funds will be allocated across R&D, sales, marketing, and customer success to accelerate market penetration and expand deployments within existing accounts.
Eaton Peabody professionals Jeff Spaulding and Jen Baroletti represented HighByte in the financing.