FTL Global Solutions has secured an undisclosed amount of Series C funding. The investors included the Terra Firma Capital Group. Based in New York City and Austin, Texas, FTL Global Solutions is a developer of smart mobile systems that provide critical infrastructure services.
New York, NY—June 23, 2014—FTL Global Solutions, a leading provider of smart mobile systems that provide lighting, water purification, medical, communications and other critical infrastructure services, announced today that the company has closed the first tranche of its Series C offering.
FTL Global’s capital-raising initiative has generated interest from International, Social-Venture and Angel Investors is on-track to be fully subscribed by Q4, 2014. Proceeds from the offering will be used to support the Company’s Operations, Research, Product Development and M&A efforts.
“Commitments from long-term and first time investors is the strongest endorsement of FTL Global Solution’s continued market dominance and technological leadership,” said Tony Saxton, the Company’s CEO.
FTL Global’s mobile systems can be customized to use renewable or traditional sources of energy to generate reliable electric power in areas where an electrical grid or fuel sources are unavailable.
Companies, NGO’s and Governments use FTL Global’s mobile systems solutions to conduct critical in-theatre operations, such as providing lighting, water purification, medical and communications services. FTL Global’s clients include the U.S. Department of Homeland Security, SanlaapNA and the Sea Turtle Conservancy.
“Today, over two-billion people lack access to electricity and clean water,” Tony Saxton said. “Our solutions, which are lightweight, mobile and scaleable, can generate power and provide critical infrastructure services anywhere they are required. FTL Global’s solutions enables our corporate clients to operate throughout the world—and we empower our NGO partners to provide the power, water, medical and communications services which help underserved communities build crucial economic and social progress.”
ABOUT FTL GLOBAL SOLUTIONS:
FTL Global Solutions (www.ftlglobal.net), develops Off-Grid to Micro-Grid Power Solutions for Humanity’s Critical Applications including applications for defense, humanitarian, disaster relief, micro-grids, water pumps & purification systems, lighting, medical clinics and equipment, telecommunications equipment and much more. FTL Global solutions provide clients with a reliable, robust and sustainable source of electric power anywhere on earth. The Company was founded in 2006. Additional information about FTL Global is also available at: http://www.fundable.com/ftl-global-solutions