In this Research Note, we examine Clockworks Analytics, the US provider of building analytics software. This article covers the development and growth of the company, channel partnerships and funding rounds through to Series E in August 2023, supported by Schneider Electric, their long-standing strategic investor and partner. Formerly known as KGS Buildings, the company was founded in 2008 within MIT’s Building Science Department and is based in Somerville, MA.  Through its Fault Detection and Diagnostics (FDD) technology, the company proactively identifies inefficiencies and root causes within building systems and prioritizes the most urgent tasks for building staff in real-time. With over 2,800 active buildings in over 30 countries, Clockworks has become one of the most widely utilized cloud-based building analytics platform in the world, according to the company. The company grew 40% YoY in 2022. LinkedIn reports 64 employees currently, an 11% headcount growth in the last six months. Clockworks Analytics software monitors more than […]