Today is a great day for our tech partners, Cognosos, as it was announced that they completed a $7.1 million Series A financing led by Cox Enterprises. Other investors include Covalent Partners and CheckFree Founder Pete Kight. The company also announced that Cisco veteran Sandeep Vohra will take over as CEO, and Pete Kight will join the company's board of directors.
Cognosos was founded in 2014 with patented technology developed at the Smart Antenna Lab at Georgia Tech. In the last year, the company's cloud-based, software defined wireless platform has seen a rapidly growing roster of successful deployments in the automotive sector. Cognosos enables unprecedented improvement in wireless network performance with its patented RadioCloud technology that extends the physical layer of wireless networks into the cloud. AppZoro and Cognosos are working together on developing the iOS version of RadioCloud Asset Tracker application.
Cognosos has been creating IoT-as-a-service solutions since 2015. Its RadioCloud® platform enables enterprises to deploy value creating IoT services with greater reliability and at a fraction of the cost of competing approaches thereby representing a new paradigm in enterprise IoT deployments. The first Cognosos managed service to incorporate RadioCloud is RadioTrax™, a fully managed, end-to-end wireless sensing solution for real-time automotive inventory tracking within dealerships, auction locations and port authorities. For more information, visit www.cognosos.com.