Battery Ventures, a technology-focused investment firm, invested in Mobius Institute, a company that focuses on reliability improvement, condition monitoring and precision-maintenance training and certification.

Mobius delivers its training via public, in-plant and online training programs and has trained more than 70,000 professionals from 180 countries since 2005. The company offers services to industrial plant managers, reliability engineers and condition monitoring specialists.

“Having followed the asset-reliability and condition-monitoring market for many years, we’ve observed an accelerating trend in predictive maintenance and believe we are still in the early innings of this movement as many industries increasingly adopt these solutions,” says Zack Smotherman, a Battery general partner.