Visybl Raises Financing Led by BlueSky Capital Partners

GERMANTOWN, Md., Aug. 17, 2016 /PRNewswire/ -- Visybl, an enterprise asset monitoring company, today announced that it has completed a round of financing, led by BlueSky Capital Partners. Also participating were Barcoding Inc., a leading systems integrator for supply chain solutions, and Mr. Norbert Dawalibi, who has led many companies as CEO, including Psion Teklogix and Blue Spark Technologies.

The financing enables Visybl to build on its successful deployments globally and expand to meet the widespread need for business intelligence around physical assets.

"With Visybl's technology we are able to ensure that our Casino's keys are always monitored, and we are instantly alerted in the event of any deviations," said Ms. Lianne Asbury, Directory of Security at Mount Airy Casino Resort, PA. "The deployment was very quick, and being able to use our smartphones has helped adoption significantly."

"Visybl has built an enterprise asset visibility solution that goes beyond tracking and monitoring and delivers true Asset Awareness®. Their emphasis on consumer-grade ease-of-use in enterprise applications is already delighting customers," said Manpreet Mattu, General Partner at BlueSky Capital Partners.

Jay Steinmetz, CEO, Barcoding, Inc., said, "Barcoding has worked in partnership with Visybl for several months now, and we have seen great promise in what the company can bring to the enterprise. Visybl's Asset Awareness® solutions provide a level of visibility that will give customers the supply chain efficiency, accuracy, and connectivity needed to improve their overall business operations."

"BlueSky Capital has a deep understanding of the enterprise applications space, making them an ideal investor and a valued partner for Visybl," said PV Subramanian, CEO and Founder. "Barcoding is a trusted advisor in the supply chain space to customers nationwide, and Mr. Dawalibi is a veteran industry executive and mentor. Their investment is a strong endorsement of Visybl's solution."

SOURCE Visybl, Inc.

Related Links

http://www.visybl.com