Wavelogix Receives $3M Investment from Rhapsody Venture Partners
Summary
Wavelogix, a West Lafayette, IN-based provider of a proprietary IoT sensing and data analytics platform, receved $3M in funding. The company intends to use the funds to expand operations and its development efforts. Led by President Joseph Turek, Wavelogix is a Purdue University Spinout that has developed a proprietary IoT sensing and data analytics platform, the REBEL concrete strength sensors, for infrastructure quality testing. The technology provides real-time measurements of in-place concrete strength, allowing construction engineers to make accurate, data-driven decisions about materials selection, scheduling, budgets, and resource allocation. Once embedded, the sensors are able to measure in-place strength directly, without any information about the concrete mix.