According to filings with the U.S. Securities and Exchange Commission, Powerfleet is raising up to $70,000,000.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, David Wilson 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 Powerfleet
Powerfleet (Nasdaq: AIOT; JSE: PWR; TASE: PWFL) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleets ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The company is headquartered in New Jersey, United States, with offices around the globe.

To learn more about Powerfleet, visit http://www.powerfleet.com/
Powerfleet Linkedin Page: https://www.linkedin.com/company/powerfleetaiot/

Contact:
David Wilson, Chief Financial Officer
201-996-9000
https://www.linkedin.com/in/david-wilson-67aa7217/

SOURCE: http://www.intelligence360.io
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