Latest news with #NickO'Leary
Miami Herald
2 days ago
- Business
- Miami Herald
FlowFuse Secures $7.2 Million Investment to Drive End-to-End Industrial Data Applications - Revolutionizing Connectivity, Workflows, and Integrated AI for Operational Excellence
SAN FRANCISCO, CA / ACCESS Newswire / June 10, 2025 / FlowFuse, a leader in bridging industrial operations with digital enterprise systems, today announced it has raised $7.2 million in new funding. The investment was led by Senovo, with participation from Bright Pixel, Uncorrelated, Westwave, and Open Core Ventures. This funding will significantly accelerate FlowFuse's mission to simplify the extraction, transformation, and utilization of industrial data, empowering organizations to build robust, end-to-end applications for digital transformation. Led by CEO Zeger-Jan van de Weg and founded by Nick O'Leary, the original creator of open-source Node-RED, FlowFuse leverages Node-RED as its core low-code visual programming tool. Node-RED, part of the OpenJS Foundation, enables rapid application development by connecting diverse data sources, from legacy industrial equipment to modern cloud APIs, and is widely adopted by companies like Siemens and Bosch. "We've seen incredible traction in what is traditionally a slow-moving industry, growing our Annual Recurring Revenue (ARR) by 4.5x year-over-year from 2023 to 2024, and we're on track to achieve that again this year," said Zeger-Jan van de Weg, CEO of FlowFuse. "This momentum validates the critical need for a platform that makes industrial data accessible and actionable, and we're thrilled to further accelerate our impact." FlowFuse has historically provided operational support, hosting, and management tooling for Node-RED. This new investment will accelerate the development and launch of Pro for Node-RED, integrating powerful, enterprise-focused features, starting with advanced AI assistance directly within the editor. This aims to significantly reduce development friction, streamline workflows with certified nodes, and embed powerful capabilities into daily development for critical industrial applications. "This funding allows us to fully realize our vision of not just supporting Node-RED, but actively enhancing its core user experience and expanding its capabilities into a complete, end-to-end platform for industrial data," said Nick O'Leary, co-founder and CTO. "Pro for Node-RED will deliver immediate and significant value to developers by embedding intelligent assistance and robust features directly into their workflow." FlowFuse remains committed to its open-source roots, aiming to maximize user features while maintaining close alignment with the upstream Node-RED project. The long-term vision is to build an open-source platform to industrialize visual industrial events, moving beyond Node-RED to offer a comprehensive solution for data connectivity across all protocols, enabling the creation of powerful workflows and industrial applications. Pro for Node-RED will offer a seamless upgrade path for existing users and will continue to expand FlowFuse's existing suite of operational support and management tools for enterprise and industrial environments. About FlowFuse: Founded in 2021 by Nick O'Leary, co-creator of Node-RED, and Zeger-Jan van de Weg, an early employee at GitLab, FlowFuse provides a commercial Platform-as-a-Service (PaaS) that simplifies the deployment and management of Node-RED for industrial IoT applications at scale. By offering a centralized management interface, optional hosting, and enterprise-grade features, FlowFuse enables companies to bridge the gap between incompatible IoT ecosystems and accelerate their digital transformation initiatives. SOURCE: FlowForge press release
Yahoo
19-02-2025
- Business
- Yahoo
Opinion: Oxford-Cambridge-Norwich is the real growth corridor
It's time to invest in the rail link between Cambridge and Norwich, says Nick O'Leary of Arnolds Keys. The announcement of the Oxford-Cambridge Arc, to be endowed with investment in a new rail link between the two cities, will be viewed in this part of the world as a logical extension of the existing Norwich-Cambridge Tech Corridor. That sentence may include a little hubristic tub-thumping for Norfolk (and why not?), but it's not entirely fanciful, as there are significant parallels between the two initiatives. Both link cities with world-class universities which are making real contributions to the growth of the knowledge-based economy. Both are areas defined by a unique set of educational, research and business assets, and both aim to promote innovation and entrepreneurial activity, especially in the tech sector, to drive sustainable economic growth. The Norwich-Cambridge corridor is centred around a road – the A11 – which has at least been brought up to decent trunk road standard. But the government's recognition of the importance of an upgraded Oxford-Cambridge link demonstrates the importance of rail infrastructure in bringing about economic development, and our region should be lobbying for a similar improvement to the railway between Norwich and Cambridge. Nick O'Leary, head of commercial agency at Arnolds Keys (Image: Arnolds Keys) The sticking point is the £500 million investment required to increase capacity at the Ely North junction, something which has been on the table for more than a decade now, but which could yet hit the buffers as a result of Rachel Reeves' need to stay within her own fiscal spending rules. What each of these growth corridors will do is bring together businesses and political leaders across private and public sectors to amplify their respective region's collective strengths in science, technology and strategic leadership. With the Norwich-Cambridge Tech Corridor, the framework is in place to create a real economic powerhouse which will provide employment and prosperity for Norfolk; employment land has been identified, and the political will is there to make it happen. But in an increasingly connected world, such initiatives, important as they are, cannot exist in isolation. And that is why we must work hard to make the connection between our own growth corridor and the new Oxford-Cambridge Arc in the minds of national politicians, businesses, entrepreneurs and investors. Above all, at a time when the rhetoric about the need for investment in growth is meeting economic reality head-on, we need to be lobbying hard to ensure that the infrastructure improvements which are so vital to the success of such initiatives are not once again kicked down the road – even if that road is finally dualled. Nick O'Leary is head of commercial agency at Arnolds Keys. Please visit
