KANSAS CITY – December 11, 2019. The year 2019 was a year of expansion for RUMBLE IoT as it delivered on key growth metrics in advance of seeking a new funding round in Spring 2020. Successes included the completion of key IoT projects in the automotive and fleet markets, growth of the leadership team, the opening of a new research and development center, and awards recognition from leading analyst firms and associations.
Automotive, Fleet Expertise Highlighted in Successful 2019 Projects
RUMBLE IoT successfully completed projects that demonstrated its ability to solve challenges presented by the need to securely aggregate disparate types and sources of data to enable better decision making closer to the source.
- RUMBLE IoT developed a solution for the Auto Care Association that provides vehicle owners with freedom of choice and control over their vehicle data.
- RUMBLE IoT supported Fleet Complete in a new program targeted to boost public safety for communities across the US. RUMBLE IoT built an application delivering near real-time insights into potentially dangerous first-responder driving behavior. The system was rolled out in 600 first-responder vehicles in St. Louis this summer with great success and plans to expand to approximately 400,000 vehicles worldwide.
RUMBLE IoT adds experienced Silicon Valley Strategic Advisor to leadership team
Jitendra Kavathekar has joined RUMBLE as Strategic Advisor. Jitendra is an investor and advisor to tech startups, bringing his enthusiasm and keen eye for transformative technology experience and industry expertise, together with his extensive network, to help his portfolio companies accelerate. As a former co-founder and managing director with Accenture Ventures and Open Innovation, he led a global team to turn technology innovation within ecosystems of startups, universities, and corporate labs into business results. As Strategic Advisor, Jitendra will help advise RUMBLE IoT in market development and positioning.
RUMBLE IoT opens Boise R&D Office
Joining the ranks of emerging tech companies putting down roots in Idaho, RUMBLE opened a new research and development office in the growing tech center of Boise. According to CompTIA, Idaho saw a 44.9% increase from 2016 to 2017 in the number of job postings related to emerging technologies, including the Internet of Things, smart cities, drones, artificial intelligence, machine learning, virtual reality and augmented reality, and blockchain. Led by founder Perry Lea, the Boise office is hiring experts in IoT and edge computing to lead the R&D effort for RUMBLE IoT’s edge computing platform.
RUMBLE IoT Receives National Recognition
RUMBLE IoT received several leadership awards in 2019
- Compass Intelligence recognized RUMBLE IoT for IoT Solution Deployment Leadership
- Women Tech Founders named founder Terri Foudray winner of the Intelligence & Automation Award for Women in Tech
To further fuel market growth and R&D for its proprietary IIoT Edge Computing platform, RUMBLE IoT is seeking interested investors. If interested, please contact RUMBLE IoT today.