Portland, OR – According to filings with the U.S. Securities and Exchange Commission, Rigado is raising $7,136,744.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Brad Mcmahon played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Rigado
Rigado provides edge-as-a-service infrastructure for Commercial IoT solutions such as asset tracking and smart buildings including flexible wireless gateways and a containerized edge computing platform. We proudly power more than 300 global customers and 6 million connected devices. Our Cascade solution includes our IoT Gateways, as well as a secure application platform, integrated tools for edge monitoring and orchestration, and a managed service to deliver critical security updates. This enables and simplifies large-scale Commercial IoT deployments, helping IoT teams to deliver increased business value while reducing time-to-market, complexity, and risk. We also offer pre-certified low-energy wireless modules to accelerate development for a variety of low-power wireless protocols, including BLE and 802.15.4. Rigados Solutions Engineering team engages with innovative clients and partners for custom design and development of Commercial IoT Solutions.

To learn more about Rigado, visit http://www.rigado.com/

Contact:
Brad Mcmahon, President and Chief Executive Officer
971-208-9870
brad.mcmahon@rigado.com
https://www.linkedin.com/in/brad-mcmahon-442732/

SOURCE: http://www.intelligence360.io
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