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Logical Buildings Closes $3.5 Million Series C-1 Offering as SmartKit™ AI Smart Building Software Platform Expands Nationally, Achieving 35% Growth in Adoption During Q4 2018
The company’s SmartKit AI product growth is fueled by the convergence of energy grid decentralization, building systems’ digital transformation, and IoT device consumerization. The SmartKit AI mobile cloud platform synthesizes real-time smart meter utility and grid data with building mechanical and IoT sensor data to optimize building performance and improve property management decisions. The company’s interoperable platform integrates with existing BMS systems, next-generation IoT smart devices, and voice activation services to augment onsite property management capabilities to enhance tenant comfort and property resiliency.
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