Sonicu Poised for Growth by PTC’s $6.5M Capital Investment | State


GREENFIELD, Ind., Nov. 20, 2020 /PRNewswire/ —Sonicu and Protecting Applied sciences Capital (PTC) announce a $6.5M dedication of capital to speed up Sonicu’s progress and growth plans. Based in 2008, Sonicu is an Web of Issues (IoT) know-how firm and a number one supplier of distant wi-fi monitoring options.

Sonicu has grown to serve a broad vary of industries together with; healthcare, life sciences, pharmaceutical, lean manufacturing, meals security, and industrial functions. Their web-based, SoniCloud software program platform gives simplified implementation and scalability for enterprise clients, superior asset safety, and streamlined regulatory compliance.

The SoniCloud platform is hosted on Amazon Net Companies and makes use of wi-fi sensors that monitor sound, room stress, room circumstances, cold-chain temperatures, -80 freezers, ultra-low/cryogenic temperatures, ambient room temperature and humidity, and IoT functions. Sonicu sensors transmit information securely by way of out there 4G/5G LTE, Wi-Fi, and/or Ethernet. Customers securely entry SoniCloud from any web-enabled machine for distant entry and visibility from wherever 24/7.

Sonicu’s system generally replaces insufficient, labor-intensive handbook information logging and legacy information logging/monitoring techniques, whereas complementing present constructing administration techniques present in bigger services to offer a big ROI and price financial savings. Sonicu’s best-in-class alarm dealing with structure mixed with built-in redundancy of knowledge transmission, storage, and energy, make the Sonicu system essentially the most highly effective asset safety and compliance platform out there.

Relating to the funding, Sonicu CEO Nick Tuttle provides his perspective: “I’m extraordinarily excited and humbled to have PTC accomplice with Sonicu. Their sizable funding will enable us to right away rent software program and {hardware} engineers and speed up our growth, as we proceed to offer cutting-edge monitoring know-how to all present and future clients. PTC’s funding validates all of the onerous work our government workforce and workers have put into Sonicu over time. I’m trying ahead to a vibrant future with important subsequent steps for Sonicu.”

Tim Fries, Co-Founding father of PTC shares: “We’re a singular and completely different sort of funding agency. We accomplice with high-performing, high-potential sensing, safety and management companies by providing sources and expertise to navigate change and speed up progress. Sonicu meets our funding standards completely and we plan on serving to the administration workforce accomplish its progress and productiveness objectives.”

Dennis Karr, Co-Founding father of PTC, provides: “Protecting Applied sciences Capital was based with the imaginative and prescient of partnering with companies precisely like Sonicu. Now we have the flexibleness to fulfill the wants of enterprise house owners contemplating an outdoor capital accomplice and we’re resolutely dedicated to upholding our core values.”

This transaction is efficient Friday, November 20, and leaves your complete government workforce of Nick Tuttle (CEO), Jason Younger (CTO), Joe Mundell (CRO), and Clay Hopf (CFO) in place.

For details about Sonicu or product inquiries, go to: www.sonicu.comor contact Nick Tuttle: ntuttle@sonicu.com

For details about Protecting Applied sciences Capital please go to www.ProTechCap.comor contact Dennis (dkarr@protechcap.com) or Tim (tfries@protechcap.com).

Associated Information

Sonicu-Executive-Summary.pdf

Sonicu-temperature-monitoring-brochure.pdf

Associated Pictures

sonicu-remote-wireless-monitoring.jpg
Sonicu Distant Wi-fi Monitoring
SoniCloud dashboard permits limitless entry to handle all factors of monitoring and monitored gadgets 24/7, in actual time.

Associated Hyperlinks

Sonicu Website

Sonicu Estore



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