Greenwave Systems Nears $100M in Revenues, 280 Employees

Irvine-based Greenwave Systems, the developer of Internet-of-Things (IoT) software led by Martin Manniche, says today that it is on track to reach a $100M run rate in 2017, and now has 280 employees. The company is backed by EDBI, Singapore Technologies Telemedia, The Westly Group and E.ON. and recently raised $60M in funding. The company also just acquired Predixion Software.