ClearBlade
Assembly Line
Sumitomo Corporation of Americas Makes Strategic Investment in IoT Software Company ClearBlade
Sumitomo Corporation of Americas (“SCOA”) announced its investment in ClearBlade, an Internet of Things (IoT) company headquartered in Austin, Texas. SCOA’s investment will help the company expand its operations internationally and provide SCOA and affiliated companies’ access to ClearBlade’s world-class software.
ClearBlade’s IoT, Edge, and AI software has been in use at some of the largest companies in North America, spanning several industries including transportation, energy, industrial products, and manufacturing. The company has proven success at scale and is ready to expand its operations around the world. Their software is both flexible and scalable.
The new growth capital provided by SCOA and other investors will be used to help grow ClearBlade’s software install base and to support those customers via SCSK USA Inc., a Sumitomo Corporation’s IT service company. Looking ahead, ClearBlade sees significant opportunities in the transportation and energy sectors. Their recent launch on the Google Cloud Platform has brought them substantial new SaaS business from around the world, specifically in the Asia Pacific region.
ClearBlade® Closes 3.0M in Series A Funding, Led by Align Capital, to Bring Secure IoT Solutions to the Enterprise
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.
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.