Veea Inc. said Thursday it has signed a Technology Services Distribution Agreement with Telarus, giving the latter’s network of independent technology consultants access to Veea’s edge computing and connectivity portfolio.
The partnership will allow Telarus partners to resell Veea’s integrated platform, which includes secure connectivity, SD-WAN, zero-trust security, IoT, video intelligence, edge computing and smart applications. The agreement targets clients ranging from small and medium-sized businesses to large distributed enterprises, according to the companies.
Veea, which holds more than 123 patents in related technologies, is based in New York. Its shares closed at $0.13 on Aug. 25, based on market data cited by the company’s investor materials. The firm was founded in 2014.
Helder Antunes, EVP and Chief Revenue Officer at Veea, said the deal represents an important step in scaling the company’s platform through a major sales channel. Sumera Riaz, VP of Cybersecurity at Telarus, said the combination of Veea’s secure connectivity, edge computing and smart applications provides Telarus partners with an additional solution to present to clients.
Telarus will distribute Veea’s offerings through its network of independent technology consultants and channel partners, enabling them to generate recurring revenue from managed connectivity, cybersecurity, edge computing and applications.
