Tech Company Financing Transactions
PingThings Funding Round
Frost Data Capital and GE Ventures joined a funding round for PingThings. The round was announced on 4/24/2015.
Transaction Overview
Company Name
Announced On
4/24/2015
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to grow initial deployments at major U.S. utilities and to expand its sales team.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2150 Park Pl. 100
El Segundo, CA 90245
USA
El Segundo, CA 90245
USA
Phone
Website
Email Address
Overview
PingThings provides PredictiveGrid, a platform that extracts intelligence from volumes of electric utility data to enhance grid stability against a wide array of adverse events, such as a failing transformer or a geomagnetic disruption (GMD) event.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Adam Carte
Chief Executive Officer
Sean Murphy
Chief Executive Officer
Jerry Schuman
Chief Technical Officer
Michael Andersen
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