North Haven remote-monitoring technology startup Queralt Inc. has drawn a $500,000 fresh stake from investors, including another round of money from the state.
Connecticut Innovations Inc., the state’s quasi-public technology investment arm, announced Wednesday it pumped another $200,000 into Queralt, on top of its $150,000 initial investment in the company last December.
Other unnamed investors put up $300,000 in the latest investment round, CI said.
CI has a seat on Queralt’s board.
Queralt is using the stakes to hire key staff and pursue certain business and technology strategies.
Queralt’s cloud-based iQ3 applications are used for real-time monitoring and management of physical assets and people. Its systems have been installed in healthcare and medical facilities, corporate offices, manufacturing facilities, schools and government agencies.
Queralt has been involved in setting up an asset tracking project for the New Haven school system, said co-founder and President Michael Queralt.
