Austin, TX – According to filings with the U.S. Securities and Exchange Commission, Olea Edge Analytics is raising $8,962,502.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Dave Mackie 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 Olea Edge Analytics

Olea Edge Analytics’ proven technology empowers utilities to optimize water delivery, billing and conservation so cities can generate millions more in revenue. Committed to helping water utilities combat aging infrastructure, meet greater demand and limit rate increases, Olea’s patented solution combines IoT and edge computing capabilities to bring transparency, accuracy and reliability to the delivery of the world’s most precious resource. Founded in Austin, TX, Olea ensures water utilities bill for every drop of water delivered, resulting in increased revenues and reducing project payback to mere months instead of years.

To learn more about Olea Edge Analytics, visit http://www.oleaedge.com/

Contact:
Dave Mackie, Chief Executive Officer
844-653-2638
dmackie@oleaedge.com
https://www.linkedin.com/in/dave-mackie-45476/

SOURCE: http://www.intelligence360.io
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