What is OleumTech?
OleumTech stands as a global leader in low-power wireless sensor and IO networks, specializing in telemetry asset monitoring solutions for industrial automation. With a robust history spanning over two decades and a deployment of more than one million devices worldwide, the company provides a comprehensive suite of products, including wireless transmitters, gateways, and sensors. These offerings are engineered for both general and hazardous environments, ensuring dependable process monitoring and control. OleumTech's commitment to superior service and support solidifies its role as a key partner for enterprises seeking advanced wireless automation capabilities.
How much funding has OleumTech raised?
OleumTech has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in OleumTech
PPP
Public-Private Partnership
What's next for OleumTech?
The recent major strategic investment signals a new phase of growth and development for OleumTech. This capital infusion is likely to accelerate product innovation, expand market reach, and enhance operational capabilities, particularly in its core sectors of oil and gas, IoT, and water management. The company's focus on reliable, low-power wireless solutions positions it well to capitalize on the increasing demand for industrial IoT and remote asset monitoring, further solidifying its enterprise-level standing.
See full OleumTech company page
