LA Business Journal: Momentum IoT Lands $3.1 Million

LA Business Journal: Momentum IoT Lands $3.1 Million

LA Business JournalLong Beach-based mixed fleet management software developer Momentum IoT announced Sept. 10 it raised $3.1 million. Investors include Howard Edmund Capital and Irvine-based aircraft-tracking firm Thompson Aerospace Inc. Momentum IoT said the funding will allow it to launch the fourth generation of its cloud management and shipment tracking platform, which allows fleet managers to locate and manage their trucks and equipment. [read more]

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