New York, NY – According to filings with the U.S. Securities and Exchange Commission, Teralytic Inc. is raising $6,788,599.00 in a new round of investment. Sources indicate as part of senior management President and Chief Executive Officer, Steven Ridder 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 Teralytic Inc.

Teralytics platform streamlines the path from soil research to actionable insight. With our data-driven precision agriculture solution, users save on fertilizer cost and leave the land better off than when they found it. We built the world’s most comprehensive soil probe and are collecting previously inaccessible types and quantities of data to help make this easier than ever. Traditionally, soil testing is a manual and time-intensive process that can take days or weeks. But with Teralytic’s sensors constantly checking and reporting on soil quality 24 hours a day and 365 days a year farmers can now respond to changes in the fields faster, before they become problems. The Teralytic probe generates real-time data collection and analysis of all soil types, anywhere in the field.

To learn more about Teralytic Inc., visit http://teralytic.com/

Contact:
Steven Ridder, President and Chief Executive Officer
646-670-8964
stevenridder@teralytic.com
https://www.linkedin.com/in/steveridder/

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