Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Teleo is raising $13,784,954.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Vinay Shet 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 Teleo
Teleo converts existing fleets of heavy equipment into remote-controlled robots. Operators control machines from a remote desk, instantly switching between machines and across job sites.

To learn more about Teleo, visit http://www.teleo.ai/

Contact:
Vinay Shet, Chief Executive Officer
650-530-0018
https://www.linkedin.com/in/vinayshet/

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