Noveda Technologies, Inc., a Bridgewater NJ -based IoT provider of web-based, real-time energy and water management solutions, received a strategic investment from ID Global Corporation (OTCMKTS: IDGC).
The amount of the deal was not disclosed.
Led by Harry Orfanos, Chief Executive Officer, Noveda Technologies provides a cloud-based, patented monitoring solution that integrates consumption and generation data to provide actionable real time intelligence for owners, operators and users as well as Utilities.
Its hardware, software and energy management services allow users , across the commercial, retail, industrial, government, education, and utility sectors. to decrease consumption, optimize performance, and reduce carbon footprints.
ID GLOBAL CORP is a publicly traded (OTC: IDGC) diversified holdings company which seeks to acquire and consolidate the Smart City (IoT) 4.0 industry.