San Diego, CA – According to filings with the U.S. Securities and Exchange Commission, Xendee is raising $12,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Adib Nasle 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 Xendee
The XENDEE software platform is built atop hundreds of millions of dollars of US government R&D carried out over the past decade at the US national laboratories, most notably Lawrence Berkeley National Laboratory, and validated both in the laboratory and projects in cooperation with Arizona State University, University of California San Diego, utilities and the Electric Power Research Institute (EPRI).

To learn more about Xendee, visit http://xendee.com/

Contact:
Adib Nasle, Chief Executive Officer
858-205-5055
https://www.linkedin.com/in/adibnasle/

SOURCE: http://www.intelligence360.io
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