Alexandria Virginia based TransVoyant is raising $25,000,000.00 in New Equity Investment.
Alexandria, VA – According to filings with the U.S. Securities and Exchange Commission, TransVoyant is raising $25,000,000.00 in new funding. Sources indicate as part of senior management President, Dennis Groseclose 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 TransVoyant
From devices such as radar, sensors, satellites, smartphones, meters and other devices that make up the Internet of Things (IoT), TransVoyant collects, cleanses and constantly updates one of the worlds largest repositories of real-time big data over one trillion events each day. By applying advanced machine learning algorithms to these real-time data streams, TransVoyant gives leading companies and government organizations a live global picture of their static and moving assets, as well as predictive insights that enable them to anticipate and avoid threats and disruptions resulting from a multitude of internal and external factors such as weather, port congestion, natural disasters, supplier failure, road construction, competitor behavior and labor strikes, to name a few.
To learn more about TransVoyant, visit http://transvoyant.com/
Contact:
Dennis Groseclose, President
703-778-3500
https://www.linkedin.com/in/dennis-groseclose-71827417/
SOURCE: http://www.intelligence360.io
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