THANK YOU FOR SUBSCRIBING
Cognosos is a market leader in comprehensive asset tracking and intelligence, enabling companies that span multiple verticals to gain visibility into valuable equipment, inventory, and other essential resources
Fremont, CA: Cognosos, an Atlanta, GA-based developer of IoT-based asset intelligence platform secured USD 4.5 million in a venture round of financing led by existing investors Cox Enterprises and Pete Kight. The investment is aimed towards the continued growth of the company. In addition to the investment round, the company also announced that it has appointed Braxton Jarrat as its new CEO. Jarrat will also be joining the company's Board of Directors. He will build on the company's momentum with his experience scaling venture-backed startups and high-growth corporate technology divisions in some of the world's most respected organizations.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
[vendor_logo_first]"The financial commitment by our investors combined with our ability to execute gives us the fuel to accelerate momentum in our key markets at a pivotal point," said Jarratt. "We are now able to move even faster into our newest vertical, hospitals and healthcare facilities, solving the urgent need for real-time visibility of critical equipment like ventilators and IV pumps at a time where such intelligence is more important than ever." Jarrat is a CEO with a track record, a technology innovator, entrepreneur, and investor with several demonstrated successes building and growing significant businesses in sectors as diverse as communications, media technology, big data, and cloud computing. His records show growth across multiple venture-backed tech companies, leading to over USD 1.7 billion in enterprise value creation.
Cognosos is a market leader in comprehensive asset tracking and intelligence, enabling companies that span multiple verticals to gain visibility into valuable equipment, inventory, and other essential resources. The company focuses on empowering its customers to take informed actions that improve financial, operational, and logistical performance. "With so much changing so quickly in the industry, Braxton's background and leadership is a welcome addition to Cognosos," said David Blau, vice president of strategy and corporate development at Cox Enterprises. "We know from his time at Cox that Braxton is the perfect person to take Cognosos where they want to go."
More in News