Washington, DC – According to filings with the U.S. Securities and Exchange Commission, Ping Things is raising $1,739,249.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Sean Murphy 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 Ping Things

PingThings, Inc., founded in 2014, is the only startup company to ever receive seed funding from GE Ventures. PingThings’ PredictiveGrid platform is an advanced sensor AI platform that is capable of ingesting, storing, accessing, visualizing, analyzing, and learning from high definition sensor data at grid scale. PingThings has been awarded over $8M by the National Science Foundation, ARPA-E, and the Department of Energy based on the strength of their technology and is considering a Series A raise in 2020.

To learn more about Ping Things, visit http://www.pingthings.io/

Contact:
Sean Murphy, President and Chief Executive Officer
202-991-0887
https://www.linkedin.com/in/seanpatrickmurphy1/

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