Cision PR Newswire

ClearBlade Closes 3.0M in Series A Funding, Led by Align Capital, to Bring Secure IoT Solutions to the Enterprise

September 20, 2017

Full Article on Cision PR Newswire

ClearBlade, Inc., a high-growth IoT software company, has completed its Series A funding to bring secure, cloud agnostic IoT solutions to enterprise companies. The round was led by Align Capital, located in Austin, Texas. The funding will be utilized to fuel the expansion of the ClearBlade engineering and sales teams to exceed projected revenue growth. Lisa Harris, co-founder and Managing Partner of Align Capital, will be joining the ClearBlade Board of Directors.

“ClearBlade is an outstanding addition to our portfolio. The demand for enterprise IoT solution platforms is growing rapidly and we believe ClearBlade is well positioned due to their differentiated Edge technology, strong management team and major client success,” says Harris.

In addition to the Series A funding, ClearBlade’s investors include some of the most high profile Austin technology entrepreneurs and industry veterans including Capital Factory, Jan Lindelow, Jim Schneider, Brett Hurt, Andrew Busey, and Ben Lamm.

The ClearBlade IoT Platforms enable companies to build IoT solutions that connect Devices to Enterprise Applications. The ClearBlade Cloud Platform and ClearBlade Edge Platform are specifically engineered to securely and flexibly deploy across any cloud, on-premise infrastructure or industrial gateways.

ClearBlade enables enterprises to build IoT solutions across multiple industries. Some of the ClearBlade’s customer use cases are as follows:

  • Smart Buildings
  • Smart Factories
  • Connected Job Site
  • Connected Assets
  • Products as a Service
  • Embedded OEM

When asked specifically what he thought set them above the competition to account for both the recent and anticipated growth of his company, Eric Simone, CEO of ClearBlade responded, “In my experience, every major shift in technology, specifically the evolution of IoT, requires innovative development and runtime software. Our approach is unique and our enterprise customer base reflects our ability to win significant recurring software business over vendors like Amazon, Microsoft, IBM, and PTC among others.”

The ClearBlade Cloud Platform and ClearBlade Edge Platform are engineered to provide a solid foundation for delivering complete IoT solutions for the enterprise that are both secure and affordable, which will make it the IoT industry standard that ensures the continued success of ClearBlade, its customers and its partners.

About ClearBlade, Inc.
ClearBlade is the enterprise Internet of Things software company to rapidly engineer and run secure, real-time, scalable IoT applications. ClearBlade enables companies to build IoT solutions that make streaming data actionable by combining business rules and machine learning with powerful visualizations and integrations to existing business systems. Built from an enterprise-first perspective, the ClearBlade Platform runs securely in any cloud, on-premise, and at the edge.

The ClearBlade Edge Platform brings the full power of the ClearBlade IoT Cloud Platform to gateways and industrial servers on the plant floor, job site or building facility. Safely behind the firewall, the ClearBlade Edge Platform intelligently syncs with the ClearBlade IoT Cloud Platform guaranteeing security, connectivity, execution and speed.

ClearBlade is developer focused with an extensive library of proven and tested pre-built components and integrations. ClearBlade accelerates the time–to-market while significantly reducing the cost and risk of delivering IoT solutions, creating new business models and revenue streams.

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