Allentown, PA – According to filings with the U.S. Securities and Exchange Commission, Iota Communications is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Terrence Defranco 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 Iota Communications

What we do : Analytics using real-time environmental, BMS/BAS, & sensor data to save money and drive sustainability. Our goal is to help businesses leverage technology and connectivity to reduce cost, increase efficiency and advance sustainability. Our dedicated carrier-grade network is purpose built to enable low-cost, long-range connectivity in even the most challenging of environments. This connectivity powers a data collection, analysis and visualization process that provides actionable insights, drives sustainability and profitability, and positively impacts our planet.

To learn more about Iota Communications, visit http://www.iotacommunications.com/

Contact:
Terrence Defranco, Chief Executive Officer
855-743-6478
https://www.linkedin.com/in/tmdefranco/

SOURCE: http://www.intelligence360.io
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