HOUSTON, May 20, 2019 /PRNewswire/ -- Yesterday,
NetObjex was selected to participate in the MassChallenge Texas in
Austin 2019 accelerator program.
NetObjex was one of over 650 other startups to apply for the
accelerator located in Austin,
NetObjex will participate in the
MassChallenge Texas in Austin 2019 accelerator program, where it
will receive access to MassChallenge's global network,
world-class mentoring from industry experts, tailored
programming, free co-working space, and unrivalled access to
corporate partners. The accelerator culminates on October
2019 at the MassChallenge Texas in Austin Awards
Ceremony, where selected startups will pitch for the opportunity to
win a portion up to $500K in no-equity cash awards.
Netobjex's flagship product is its Intelligent Automation
Platform for Smart Cities and Connected Enterprises utilizing IoT,
AI and Blockchain with 14 OEM Licensees in 4 continents. The
platform enables inter-device communication, tracking and tracing
of assets, asset performance optimization, and the reduction of
asset shrinkage/waste/inefficiencies. It works with all major
communication protocols and includes features such as a rules
engine, alerts and messaging, enterprise integration, blockchain
interoperability, and more.
The Netobjex Platform powers solutions ranging from smart energy
peer to peer trading, food traceability, electric vehicle charging
for autonomous and semi-autonomous automobiles, managing fleets of
street lights, powering smart medical devices, and more.
NetObjex is led by Founder and CEO, Raghu Bala, an ex-Yahoo, PwC, Infospace exec
with 3 successful startup exits, and supported by a team with deep
expertise in IoT, AI and Blockchain as well subject matter
expertise in multiple domains. NetObjex has offices in
the United States, Vietnam and India.
"We are extremely excited to participate in the MassChallenge
Austin 2019 Cohort. It is our belief that through the
resources and guidance that we will receive through this
program, we will be better prepared as we scale up for our
next phase of hypergrowth," said Mr. Bala.
Through its participation in MassChallenge Texas, NetObjex aims
to expand its client base to a broader set of Fortune 500
Companies/Tier 1 clients, cultivate relationships with Partners
through its NetObjex Advantage Partner Program, and foster ties
with the investment community in securing funding for its Series A
round of financing.
NetObjex is an Intelligent Automation Platform for Smart Cities
and Connected Enterprises with applications in Energy,
Transportation, Manufacturing/Industry 4.0, Supply Chain and
Logistics, Media, Healthcare and more. Contact: Georgey Jacob, Director of Marketing,
firstname.lastname@example.org. Visit www.netobjex.com.
MassChallenge is a global network of zero-equity startup
accelerators. Headquartered in the United
States with locations in Boston, Israe. l, Mexico, Rhode
Island, Switzerland, and
Texas, MassChallenge is committed
to strengthening the global innovation ecosystem by supporting
high-potential startups across all industries, from anywhere in the
world. To date, 1,900 MassChallenge alumni have raised more than
$4 billion in funding, generated more than $2 billion in revenue, and created over 120,000
total jobs. Learn more about MassChallenge at
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SOURCE NetObjex, Inc