Puloli, a San Francisco, CA-based IoT Solution-as-a-Service (SaaS) provider to Critical Infrastructure Industries (CII), received an investment from Artemis Energy Partners.
The amount of the deal was not disclosed.
Bobby Tudor, the CEO and founder of Artemis Energy Partners, joined Puloli’s Board of Directors.
The company intends to use the funds to expand research and development capabilities, strengthen operational capacities, and provide strategic industry insights and market knowledge.
Led by CEO Kethees Ketheesan, Puloli is an IoT Solution-as-a-Service (SaaS) provider to Critical Infrastructure Industries (CII). Under Paradigm by Puloli brand, the company offers IoT solutions using its own private 5G-IoT network to energy producers, utilities, and smart cities. The flagship Paradigm M-Series provides a service for real-time monitoring of methane emissions without operations. This enables customers to focus on their core business while Paradigm by Puloli takes care of their IoT applications.
The funding will further accelerate Paradigm M-Series launch. The first commercial system was launched in the state of Texas earlier this year and will soon be rolled out across all major energy-producing regions of North America.
FinSMEs
11/07/2023