Mesh Systems LLC, a six-year-old provider of turnkey, cloud-based wireless sensor network solutions that can be specifically tailored to speed the deployment of smart services, has closed on a $2.5 million Series B round of growth capital. The proceeds of this latest capital raise will be directed to specific industrial applications that will incorporate the third generation of its standards-based MeshVista platform.

The Indianapolis-based company is leveraging the additional funding to continue to develop its wireless machine-to-machine (M2M) hardware, software, and service solution; expand its executive and engineering teams; and pursue additional high-growth sectors. Key vertical markets where Mesh Systems has established itself as a leader include smart energy, water and wastewater management, and oil and gas.

Currently, the company supports and manages tens of thousands of end points for its OEM clients’ remote devices and geographically-dispersed assets. In applications ranging from wireless lighting control to backup generator monitoring and management, MeshVista provides cloud-based access to operating status, real-time event notification by e-mail, voice, or SMS message; and supervisory control through a secure Internet portal.

Mesh helps customers cut power consumption by:

 ·         Monitoring energy consumption, environmental factors, and performance of equipment deployed in the field (from parking lot lights to digital signs and commercial coffee makers)

·         Capturing and wirelessly feeding data back to the equipment owner for analysis

·         Remotely controlling and altering the function of field equipment to conserve energy, respond to environmental factors, and improve performance

“This most recent round of funding has allowed us to invest more resources in three high priority areas: technology, leadership, and industry specialization,” said Mesh President and CEO Richard V. Baxter, Jr. “We are poised for explosive growth. The market is demanding a comprehensive and unified wireless machine-to-machine (M2M) solution which comprises applications, wireless networks, embedded devices and data management. MeshVista, now on its third generation, offers this entire package — delivered through a platform-as-a-service (PaaS) model.”

As part of its growth strategy, Mesh Systems recently completed the transition of its entire network infrastructure from a traditional physical server infrastructure to a 100 percent cloud-based environment to gain unlimited scalability as it grows. The company partnered with Indianapolis-based  n|Frame, a national leader in virtualization technology and an SAS 70 Type II compliant data center , to host and manage its expanding farm of virtual servers. 

Mesh Systems also recently added 20-year industry veteran, John Rouse, to its leadership team, as vice president of business development.  Rouse, a high-profile executive in the global M2M market, is a frequent speaker and an authority on smart energy/metering, connected devices, wireless sensor networks, and long-range UHF  radio frequency identification (RFID).  He is based out of Mesh Systems' new Chicago office.

Want to learn more about M2M technologies? Then be sure to check out the M2M Evolution conference, collocated with TMC’s (News - Alert) ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. The M2M Evolution Conference is for those industry professionals interested in capitalizing on a rapidly growing segment of the telecom industry. The M2M Evolution Conference embraces the any-to-any strategy of the Internet today. Co-sponsored by TMC Partner Crossfire Media, it showcases the solutions, and examines the data strategies and technological requirements that enterprises and carriers need to capitalize on a market segment that is estimated to grow to $300 Billion in the year ahead. To register, click here.