ClearBlade, Inc.

ClearBlade, Inc. specializes in providing enterprise-level Internet of Things (IoT) solutions, focusing on seamless integration and operational efficiency for various industries through its innovative platform. Founded in 2007 and headquartered in Austin, US, ClearBlade, Inc. offers a platform designed to connect devices and systems across multiple environments.

The company has completed five funding deals, with the latest round occurring on November 21, 2022, where they raised USD 6. 66 mn. Eric Simone serves as the CEO and is the founder of the company. ClearBlade offers a robust suite of products designed to facilitate enterprise-level Internet of Things (IoT) solutions, including their core offerings in IoT core, IoT enterprise, IoT edge, and intelligent assets.

The ClearBlade platform operates as a secure, no-code solution that integrates with existing enterprise systems, enabling the seamless connection of devices, sensors, and systems across edge, cloud, and on-premise environments. Released in 2014, the platform serves diverse industries such as smart buildings, transportation, energy, rail, mining, and healthcare, connecting millions of devices to deliver real-time insights and enhance operational efficiency. The company has established itself as a Google Cloud Premier Partner, emphasizing its capabilities to provide actionable data that empowers operators, ultimately driving ROI across various sectors. ClearBlade’s customer base includes leading industry players such as Rheem, Sumitomo Corporation of Americas, and Heritage Systems, with products deployed primarily in North America, Europe, and Asia.

ClearBlade generates revenue through a subscription-based model, providing clients with access to its comprehensive IoT solutions. The company's transactions typically involve B2B arrangements where businesses subscribe to the platform for its suite of IoT services, including edge computing capabilities and intelligent analytics. ClearBlade’s flagship offerings include its Enterprise IoT Platform and Intelligent Video Analytics, which are tailored to meet the specific needs of clients across multiple industries. The pricing structure is designed to accommodate various organizational requirements, allowing clients to scale their usage according to specific business demands.

This structured approach ensures that businesses can leverage ClearBlade's technology effectively while optimizing their operational costs. In November 2022, ClearBlade, Inc. raised USD 6. 66 mn in venture funding led by new investor Sumitomo Corporation of Americas.

The company will use the funding to expand its operations globally, targeting new markets and further enhancing its product offerings.