ClearBlade Receives Investment from Sumitomo Corporation of Americas

Funding Rounds

▤ Summary

ClearBlade, an Austin, TX-based Internet of Things (IoT) company, received an investment from Sumitomo Corporation of Americas. The amount of the deal was not disclosed. The investment will help the company expand its operations internationally and provide SCOA and affiliated companies’ access to ClearBlade’s software. Led by Eric Simone, Founder, and CEO, ClearBlade provides IoT, Edge, and AI software which has been in use at some of the largest companies in North America, spanning several industries including transportation, energy, industrial products, and manufacturing.

$ Funding

$
Amount - Total raised
□
Date - Announcement date
◎
Investors Sumitomo Corporation of Americas Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
IoT Platform Edge Computing Enterprise Software

▦ Linked Companies

ClearBlade
$1M to $5M