Mesh Systems LLC, a Carmel, IN-based wireless machine-to-machine (M2M) application and platform service provider, closed a $2.5m Series B financing.
Investors weren’t disclosed.
The company intends to use the funds to continue to develop its wireless machine-to-machine (M2M) hardware, software and service solution, expand its executive and engineering teams and pursue additional high-growth sectors.
Led by Richard V. Baxter, Jr., President and CEO, Mesh Systems provides cloud-based, wireless machine-to-machine (M2M) technology solutions that can be specifically tailored to speed the deployment of smart services across a wide range of industries including agriculture, commercial/retail, energy, environmental, government, healthcare, life science, industrial, military, transportation, oil and gas, tank and pipeline, water and waste water management, and utilities.
Its MeshVista® wireless M2M platform-as-a-service (PaaS) model is designed to enable original equipment manufacturers to connect, manage, control and gather intelligence from remote devices cost-effectively and in real-time.
FinSMEs
27/05/2011