IoT startup ClearBlade closed $3 million in Series A financing. Align Capital led the round, with participation from Capital Factory.
ClearBlade enables companies to build Enterprise IoT solutions that make streaming data actionable by combining business rules and machine learning with powerful visualizations and integrations to existing business systems. Built from an enterprise-first perspective, the ClearBlade Platform runs securely in any vendor cloud, on-premise, or in hybrid environments.
According to the company, the funding will be utilized to fuel the expansion of the ClearBlade engineering and sales teams.