According to filings with the U.S. Securities and Exchange Commission, Ribbiot is raising up to $10,750,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Joseph Frigo 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 Ribbiot
Ribbiot combines the latest IoT tracking devices with cutting-edge technologies to manage workflows and track equipment with an intuitive, cloud-based application designed to improve businesses ability to schedule, maintain, and deploy complex equipment configurations. Ribbiot seamlessly transforms existing processes into digital workflows and allows customers to interact digitally with their physical equipment while collecting data, deriving insights, and improving the efficiency of operations.

To learn more about Ribbiot, visit http://www.ribbiot.com/

Contact:
Joseph Frigo, Chief Executive Officer
562-552-5263
https://www.linkedin.com/in/joefrigo/

SOURCE: http://www.intelligence360.io
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