Puloli, a San Francisco, CA-based IoT solutions provider specializing in affordable methane monitoring at scale, raised its second funding.
Backers were not disclosed.
The company intends to use the funds to accelerate its growth trajectory. The key focus areas include:
- Expanding research and development initiatives to enhance the capabilities of the Paradigm M-Series™ offerings.
- Strengthening operational capacities to support rapid scaling across major energy-producing regions.
- Investing in talent acquisition to bolster its expertise and technology lead.
- Securing the supply chain of critical components of the solution for anticipated rapid growth next year.
- Enhancing the test and measurement facilities to conduct expanded testing that will underwrite the Service Level Agreement (SLA) terms of methane quantification.
Led by CEO Kethees Ketheesan, Puloli provides methane quantification data as a subscription service. The service operates 24×7 delivering real-time data via industry-standard APIs. The services are delivered under the Paradigm by Puloli™ brand utilizing 5G-IoT wireless communications, including its own private 5G-IoT network where needed. As an IoT solutions provider for Critical Infrastructure Industries (CII), Puloli is committed to empowering its clients with technology that ensures reliable and efficient monitoring of methane emissions, enabling them to focus on their core business operations.
FinSMEs
04/11/2024