According to filings with the U.S. Securities and Exchange Commission, Matrix Industries is raising $22,890,559.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Akram Boukai 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 Matrix Industries
Matrix Industries is a pioneer of self-powered machine-learning solutions for connected devices. We deploy and collect actionable sensor data at the edge with our Perceptive and Proximity product lines. Each product includes our advanced low-power machine learning algorithms and unique energy harvesting technology that eliminates the need to recharge or replace batteries. With Perceptive and Proximity, you can monitor your connected devices from the cloud using our APIs and take meaningful action with that data.

To learn more about Matrix Industries, visit http://www.matrixindustries.com/

Contact:
Akram Boukai, Chief Executive Officer
408-579-9210
https://www.linkedin.com/in/akram-boukai-432869232/

SOURCE: http://www.intelligence360.io
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