DN2K, developers of advanced remote monitoring, machine-to-machine (M2M) and management systems, has announced that it has received significant funding from a group of private investors to help with growth and expansion into global oil and gas, agriculture, smart grid and electric power industries.
The $1.5 million dollar first round investment comes from a group of North American investors that make investments into SCADA, Smart Grid, M2M, industrial and security companies. DN2K has developed a state-of-the-art software system that can help government agencies, utilities, oil and gas producers, farmers and industrial operators securely monitor and control remotely-located critical assets from different manufacturers entirely from desk and laptop computers or mobile devices over the Internet.
“Cooperation between the public and private sectors to monitor and control critical infrastructure assets is vital to our national security,” said Jerry Buckwalter, a participant in the National Infrastructure Advisory Council’s (NIAC) report on Critical Infrastructure Resilience delivered to the White House and Secretary of the Department of Homeland Security. “Systems like those from DN2K could play a key role in the secure management of these assets and services, especially in sectors such as transportation, energy and water.”
Examples of the DN2Ksystem:
• Oil & Gas – Aggregating data into one screen from remotely-located devices, historical data trending and analysis, data reporting, data communications and maintenance planning for exploration and production companies worldwide with access on any computer or smart device from any web connection.
• Smart Grid/Utilities – Providing utilities with one view of all disparate data inputs including distribution automation, smart meters, work force, substation automation, communications, etc.
• Agriculture Management – Giving producers increased productivity, efficiency and profitability with less waste by linking inputs such as agronomy, storage, planting operations, etc.
“We are thrilled to have additional funding for DN2K from a savvy group of investors,” said Susan Lambert, President and COO of DN2K. “Our Software-as-a-Service model, combined with our on-site intelligent gateway, is helping industrial customers interested in increased efficiency in their operations. It’s very powerful to enable customers to see and manage their entire worldwide operations in a single graphical view combined with the ability to view individual components with only a few mouse-clicks.”