San Jose, CA – According to filings with the U.S. Securities and Exchange Commission, Cloudleaf is raising $15,999,997.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Mahesh Veerina 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 Cloudleaf
Cloudleafs mission is to create significant value across the end-to-end supply chain network from supplier to manufacturing to distribution by dramatically increasing visibility of asset movement, location and condition. Cloudleaf customers gain insights that reduce material losses and enhance the reliability of operations and significantly increase revenues. Cloudleaf customers achieve improvements in supply chain visibility of as much as 5x; first-year return-on-investment of as much as 70x; and annualized value in the tens of millions of dollars. Developer of a cloud-based sensor platform designed to deliver scalable, real-time actionable intelligence for assets in motion. The companys platform provides continuous visibility into the context, condition, timing, and location of material and assets throughout the supply chain by collecting the right data from any source, in real-time, enabling businesses to bring their assets and workflows into real-time visibility and predict disruptions before they happen.

To learn more about Cloudleaf, visit http://www.cloudleaf.com/

Contact:
Mahesh Veerina, President and Chief Executive Officer
408-883-9883
https://www.linkedin.com/in/mahesh-veerina-868103/

SOURCE: http://www.intelligence360.io
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