NetworkNewsBreaks – Iota Communications Inc. (IOTC) Secures Additional Financing from AIP Asset Management
Iota Communications (OTC: IOTC) ("IotaComm"), a wireless communication and data analytics software company, recently announced that it has closed on additional financing from AIP Asset Management, providing it with approximately $1 million of net cash proceeds. "AIP has been a great financing partner for us over the years with investments in the company totaling $15 million, and we are very pleased that their commitment to provide capital continues as we begin to transition to the next phase of our business," said IotaComm CEO Terrence DeFranco in the press release. "We believe that this financing creates great value for our shareholders…







