Norwalk, CT – According to filings with the U.S. Securities and Exchange Commission, Triax Technologies is raising $12,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Robert Costantini played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Triax Technologies
Triax Technologies is committed to transforming the most challenging work environments and industries through intelligent, innovative technology and real-time data collection and analytics to make worksites run safer, faster and smarter. To achieve this, Triax delivers a fully connected Internet of Things (IoT) platform through a proprietary communication hub designed for Construction, Oil & Gas, Energy, Heavy Industrial and other challenging IT environments. Our flagship Spot-r system elevates worksite visibility, safety, security and risk, connecting workers, equipment and operations through a scalable, minimal infrastructure network, wearable and sensor devices, and a cloud-based dashboard. By providing real-time, data-driven visibility into site access, worker and equipment location, manpower, safety incidents, and evacuation and muster procedures, Spot-r enables actionable insights, helping firms streamline processes and work safer and smarter. In May 2021, Triax launched Spot-r Radius, a light-weight solution that can be self-installed without the need for an IT team or existing infrastructure, yet provides cutting-edge capabilities. Spot-r Radius enhances worker safety with proactive alerting, automates data collection in the field, and helps optimize worksite efficiency with daily analytics reporting through its beacon-based network. Headquartered in Norwalk, CT with a Product Development Suite in East Hartford, CT, our solutions are designed, engineered, and serviced in-house. We pride ourselves on exceptional customer service, which is why we work hard every day to connect operations leaders and teams with the insights they need to operate safer and smarter.

To learn more about Triax Technologies, visit http://www.triaxtec.com/

Contact:
Robert Costantini, Chief Executive Officer
203-803-9879
rcostantini@triaxtec.com
https://www.linkedin.com/in/robert-costantini-37693b9/

SOURCE: http://www.intelligence360.io
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