# Blue Pillar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-pillar

- Industry: Software
- Headquarters: Indianapolis, US
- Website: www.bluepillar.com
- Total disclosed funding: $7M
- Latest round: Series B (May 9, 2012)
- Investors on record: 4

## About

Blue Pillar, Inc. delivers Industrial Internet of Things (IoT) solutions, enabling industrial equipment connectivity to the internet for enhanced operational efficiency. Their offerings optimize asset management across various sectors, including manufacturing and utilities.Founded in 2006 and headquartered in Indianapolis, US, Blue Pillar, Inc. specializes in IoT solutions. The company has completed a total of 7 deals, with its most recent funding round being a Venture Debt of USD 3.09 mn as of October 4, 2022. Brad Witter serves as the CEO.Blue Pillar specializes in providing Industrial Internet of Things (IoT) solutions that facilitate the seamless connectivity of industrial equipment to the internet. Their core offerings revolve around a comprehensive Solutions Platform that combines data management, monitoring, and control of distributed assets, enabling clients to create flexible and scalable solutions tailored to their needs. The platform leverages Microsoft Azure technology, ensuring high levels of security, scalability, and adherence to industry standards. Blue Pillar's solutions are designed for various applications across critical environments, empowering organizations to optimize their operations and improve asset management. The company serves a diverse clientele that includes manufacturers, utilities, and other industrial sectors, with products deployed in North America and select international markets, addressing specific connectivity challenges faced by these industries.Blue Pillar generates revenue primarily through a subscription-based model for its IoT connectivity services. Clients typically engage with the company through formal agreements that encompass ongoing support and service delivery, effectively establishing long-term partnerships. The revenue structure includes tiered pricing plans based on the scale of deployment and the complexity of the solutions provided, accommodating varying client needs. Key products associated with this revenue model include their Solutions Platform, which serves as the backbone for data processing and management. The company's focus on delivering value through reliable connectivity and intelligent asset management positions it favorably within the industrial sector's evolving landscape. Transaction volumes and associated revenue streams are bolstered by the necessity for organizations to enhance efficiency and reduce operational costs through advanced IoT solutions.In October 2022, Generac Power Systems, Inc. acquired Blue Pillar, and financial terms of the acquisition were not disclosed. The company plans to enhance its product offerings and expand into new markets, leveraging recent funding to support these initiatives.

## Funding rounds

- Series B, May 9, 2012, $7M — Claremont Creek Ventures, Arsenal Growth, Army Venture Capital Initiative, Allos Ventures

## Investors

- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Series B
- Arsenal Growth (https://capitalatlas.ai/funds/arsenal-growth) — Series B
- Army Venture Capital Initiative (https://capitalatlas.ai/funds/army-venture-capital-initiative) — Series B
- Allos Ventures (https://capitalatlas.ai/funds/allos-ventures) — Series B