Funding Details
- Awarder
- StartEngine
- Date Award
- April 01, 2018
- Vertical
- Blockchain-Empowered Asset Management
- Funding URL
- View Funding Page
- Premoney Valuation
-
$9,000,000
- Valuation
-
$9,000,000
Company Info
- Founding Year
- 2017
- Traction
- NetObjex posted its (unaudited) Financial Results for 2018 today. The company has posted spectacular Year over Year Results from 2017. Top line Sales grew from $333K in 2017 to $786K in 2018, representing a growth of 236%. Bottom line figures remained steady with a Net Loss of 150K in 2017, and a similar Net Loss of $154K in 2018. R&D investments jumped from $185K to $265K, indicating a renewed emphasis on maintaining the company's front runner position in its segments. OEM licensees jumped from 4 in 2017 to 9 in 2018.
- Revenue Amount
-
$346,004,000,000
- Organizations Involved
- Various Clients, NetObjex Inc
- Founders
- Raghu Bala, Priya Krishnamurthy, Dr. Nambi Seshadri
- Company Description
- NetObjex's Matrix Digital Asset-as-a-Service (DAaaS) platform enables enterprises to manage their digital assets using IoT, AI, and DLT
- Market
- IoT, AI, Blockchain
- Location
-
Irvine,
CA,
US
- Coinvestors
- None
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