Durham, NC – According to filings with the U.S. Securities and Exchange Commission, On Track Technologies is raising $1,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Penny Shikowitz 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 On Track Technologies
OnTrack has been serving organizations since 2006 with its secure, cloud-agnostic Adaptive Data Exchange (ADE) technology, adopted for use by the government and military agencies. OnTrack is now making this technology commercially available. OnTracks Data Delivery as a Service utilizes our ADE to provide unprecedented access to data from a wide variety of sensing modalities (location, biometrics, inertial forces, etc.) with the ability to trigger real-time insights (Geospatial, Calendaring, Alerting, Monitoring & Notifications). Some of our use cases include; Personal Security, Asset Tracking & Location, Remote Medical Monitoring, and Alzheimers Patient Tracking. OnTracks ADE facilitates data in a way that makes it easy to assimilate into existing systems. Actionable data is an invaluable business currency, providing a competitive advantage.

To learn more about On Track Technologies, visit http://ottlabs.com/

Contact:
Penny Shikowitz, Chief Executive Officer
919-354-6510
https://www.linkedin.com/in/penny-shikowitz-b804797/

SOURCE: http://www.intelligence360.io
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