Glassbeam, Inc., the machine data analytics company has received $2 million in additional funding. The investment, led by VKRM Group, a boutique venture capital firm investing in entrepreneurs building innovative and industry-leading businesses,will be used to continue the refinement of its unique, patentable Internet of Things (IoT) platform – Glassbeam SCALAR.
Additionally, Glassbeam announced the appointment of Sashi Reddi to the company’s board of directors. Reddi is the founder and managing partner of SRI Capital, a seed stage venture capital fundfocused on startups in the U.S., India and U.K. He is a seasoned executive and business leader, founding four startups in the past 20 years. Prior to SRI Capital, Reddi was founder and CEO at AppLabs, which was acquired by Computer Sciences Corporation (CSC).
“This round of funding is another endorsement of Glassbeam’s tremendous potential in the IoT space. With the appointment of Kumar as CSO and Sashi on the board, this announcement demonstrates our exceptional company momentum. We are honored to have these experts join our team and board, as both have unparalleled depth of knowledge in software and analytics. I look forward working with Kumar and Sashi to guide future growth and bring continued value to our customers.”- Puneet Pandit, CEO and co-founder, Glassbeam.
Additionally, Glassbeam announced the appointment of Sashi Reddi to the company’s board of directors. Reddi is the founder and managing partner of SRI Capital, a seed stage venture capital fundfocused on startups in the U.S., India and U.K. He is a seasoned executive and business leader, founding four startups in the past 20 years. Prior to SRI Capital, Reddi was founder and CEO at AppLabs, which was acquired by Computer Sciences Corporation (CSC).
“This round of funding is another endorsement of Glassbeam’s tremendous potential in the IoT space. With the appointment of Kumar as CSO and Sashi on the board, this announcement demonstrates our exceptional company momentum. We are honored to have these experts join our team and board, as both have unparalleled depth of knowledge in software and analytics. I look forward working with Kumar and Sashi to guide future growth and bring continued value to our customers.”- Puneet Pandit, CEO and co-founder, Glassbeam.
