Leading provider of indoor positioning and data analytics technology Inpixon (NASDAQ: INPX) recently closed two public offerings with gross proceeds totaling roughly $21.2 million. Per an update from ROTH Capital Partners, which acted as sole placement agent for the offerings, Inpixon intends to use the proceeds from the offerings for working capital and general corporate purposes, including research and development and sales and marketing, and in support of a planned divesture of its infrastructure business segment.
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About Inpixon
Inpixon (NASDAQ: INPX) is a leader in Indoor Positioning and Data Analytics. Inpixon sensors are designed to find all accessible cellular, Wi-Fi, and Bluetooth devices anonymously. Paired with a high-performance data analytics platform, this technology delivers visibility, security, and business intelligence on any commercial or government premises worldwide. Inpixon’s products, infrastructure solutions, and professional services group help customers take advantage of mobile, big data, analytics, and the Internet of Things (IoT) to uncover the untold stories of the indoors. For more information, visit the company’s website at www.Inpixon.com
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