Molecule is continuing to expand their portfolio of products and customers

I recently had the chance to get an update from Sameer Soleja, founder, CEO and president of Molecule.  Though we do tend to visit regularly, it seems that with all the activity in the market and within Molecule itself, there are always new developments to cover. Since having received their Series A funding last year, the company continues to expand its market presence and grow its staff to meet increasing demand for their products, including new product developments. Sameer noted that they have made significant investments in engineering to address emerging market needs, and particularly in the power markets where Molecule enjoys particular strength.  Additionally, they have continued to invest in sales and marketing to increase their visibility, and those efforts appear to be paying off.  He said that the company is on track to double their revenues this year and have, through early May, closed several new deals spanning multiple commodities and markets.  “We are seeing more direct inquires and winning new logos in which we are the only solution being looked at. These deals have been ‘slam dunks’ for us in that the customers’ needs have meshed very well with our offerings and technology capabilities.”  In the deals… continue reading

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