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Marlborough Massachusetts based ConnectM Technology Solutions is raising $2,999,999.00 in New Equity Investment.

Marlborough Massachusetts based ConnectM Technology Solutions is raising $2,999,999.00 in New Equity Investment.

March 16, 2022 Craig Etkin

Marlborough, MA – According to filings with the U.S. Securities and Exchange Commission, ConnectM Technology Solutions is raising $2,999,999.00 in new funding. Sources indicate as part of senior management President, Bhaskar Panigrahi 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 ConnectM Technology Solutions
ConnectM provides a full stack solution for remote asset monitoring and control, along with a proprietary AI Assistant to help carry out common maintain, repair and install functions. Using ConnectM technology, equipment manufacturers of electro mechanical & electric vehicles enjoy actionable data gathered by their equipment, asset owners can intelligently protect their investments, and equipment service providers can boost their on-the-job efficiency by 400%. With over 180K connected assets across several mechanical equipment industries, ConnectM is leading the charge to provide insight, efficiency, and control.

To learn more about ConnectM Technology Solutions, visit http://www.connectm.com/

Contact:
Bhaskar Panigrahi, President
508-479-8450
https://www.linkedin.com/in/bhaskarpanigrahi/

SOURCE: http://www.intelligence360.io
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Venture Capital
1120, Boston, ConnectM Technology Solutions, Marlborough, Massachusetts, Venture Capital

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