Neeve, a San Francisco, CA-based cloud Platform-as-a-Service provider for smart buildings and spaces, has secured $15 million in funding.
Investors
The round was led by Cantor Fitzgerald and RXR.
Cantor Fitzgerald is a global financial services group with over 78 years of experience in financial and technological innovation. As a prominent investment bank, it serves over 5,000 institutional clients worldwide, specializing in fixed income, equities, investment banking, prime brokerage, commercial real estate, and infrastructure. Additionally, Cantor Fitzgerald is one of the 24 primary dealers authorized to transact with the Federal Reserve Bank of New York.
RXR is an innovative investor, developer, and place-maker focused on a customer and community-centered approach to creating enduring value in real estate. Headquartered in New York, the RXR platform manages 93 commercial properties and investments with a gross asset value of approximately $18 billion.
Neeve Use of Funds
The company will use the funds for global expansion and development of its innovative solutions in the commercial real estate sector.
About Neeve
Neeve is a cloud PaaS company transforming smart buildings and spaces making them simpler, smarter, and more sustainable. Neeve's vision is to make spaces work seamlessly for people, providing a technology foundation for buildings that are reliable, secure, and intelligent. As a partner to owners, occupiers, operators, and integrators, Neeve's edge and cloud technology are securing operational technology (OT) and enabling the AI transformation of the real estate industry. The Neeve platform is currently deployed in over 650 buildings globally.
Funding Details
Company: Neeve, Inc.
Raised: $15.0M
Round: Unknown
Funding Date: September 2024
Lead Investors: Cantor Fitzgerald, RXR
Additional Investors:
Company Website: https://neeve.ai/
Software Category: Smart Building Solutions
Source: https://www.prnewswire.com/news-releases/neeve-secures-15-million-to-revolutionize-cloud-infrastructure-for-smart-buildings-302262483.html