Neeve (neeve.ai), a cloud Platform-as-a-Service provider for smart buildings and spaces, today announced it secured $15 million financing led by Cantor Fitzgerald and RXR. This investment will drive Neeve’s global expansion supporting the digital transformation of the commercial real estate sector, accelerating sustainability initiatives, and enhancing cybersecurity measures.
The Neeve platform is currently deployed in over 650 buildings globally. Neeve recognizes that real estate owners need to ensure their existing buildings are smart and secure. However, upgrading legacy networks to achieve best-in-class cybersecurity and converged connectivity requires significant upfront investment, while maintaining older networks exposes building owners and their tenants to security threats. Neeve’s zero-trust platform solves this dilemma and becomes the foundation for edge AI applications in buildings, easily working with both new and existing operations technology (OT) networks.
“For the past seven years, leading companies worldwide have turned to Neeve to help revolutionize and safeguard their operational infrastructure technology,” said Nitesh Trikha, CEO of Neeve. “With this funding, we look forward to continuing our growth efforts and expanding our cutting-edge solutions to accelerate our customers’ journey to cloud and AI.”
“We see Neeve as a game-changer for the real estate industry,” said Howard Lutnick, Chairman and CEO of Cantor Fitzgerald. “With its cutting-edge technology and visionary approach, Neeve is well on its way to becoming a leading cloud and edge infrastructure provider for smart buildings. Their solutions will not only enhance the operational efficiency of buildings but also set a new standard for cybersecurity in the built environment.”
“As a long-time customer, we’ve seen Neeve’s tools digitally transform our assets into smart buildings, which we believe will be table stakes to be competitive in the ‘new normal.’ With the increased importance of cybersecurity, we believe Neeve will continue to be critical to position our assets for long-term success,” said Scott Rechler, Chairman and CEO of RXR.
This funding accelerates Neeve’s mission to be the real estate industry standard in cybersecurity, intelligence, and cloud infrastructure, positioning them as the smarter foundation for spaces.
Neeve, formerly View Inc.’s Smart Building Cloud, is now operating as a separate company from View Smart Windows.
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