Santa Monica, CA – According to filings with the U.S. Securities and Exchange Commission, Hoopo is raising $10,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ittay Hayut 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 Hoopo
Hoopo is a leading global provider of cutting-edge, low-cost, power-efficient tracking solutions. Our mission is to help businesses easily track and manage their logistics operations more efficiently and cost-effectively by providing real-time data and analytics, to easily monitor assets, gain actionable insights, and make proactive, data-driven decisions to prevent bottlenecks, optimize utilization, and perform timely maintenance actions.

To learn more about Hoopo, visit http://www.hoopo.tech/

Contact:
Ittay Hayut, Chief Executive Officer
424-330-1800
https://www.linkedin.com/in/ittay/

SOURCE: http://www.intelligence360.io
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