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FTD secures Ecolab investment to accelerate innovation & drive sustainability for industrial businesses

Announcing successful closing of Series A funding round

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COLORADO SPRINGS, Colo. (Oct. 24, 2024) – FTD solutions INC, a leading provider of digital twin technology supporting industrial sustainability, is thrilled to announce the successful closing of its Series A funding round. The company secured an investment from Ecolab, a global leader in water, hygiene, and infection prevention solutions and services.

The newly raised capital will be strategically allocated to accelerate the development of FTD solutions' software and support systems, designed to empower industries to achieve their sustainability goals more effectively. This investment reflects Ecolab’s alignment with FTD’s vision to drive significant impact within the industrial sector, helping to foster environmentally responsible practices and enhance operational efficiency.

The funds will be used to develop advanced tools, expand FTD’s support team, and increase outreach to provide comprehensive assistance for industrial businesses while striving to meet sustainability objectives. By enhancing its digital twin technology and expanding its capabilities, FTD solutions aims to provide even more effective solutions that help clients optimize operations and reduce their environmental footprint.

As a trusted source of actionable insights, FTD solutions will continue to provide unbiased guidance, ensuring the best interests of its clients and the advancement of sustainability goals across the industry.

“We are incredibly excited about the future of FTD,” shared Slava Libman, chief executive officer of FTD solutions. “We especially appreciate that Ecolab and FTD share a common passion for water conservation and the protection of our planet’s health. We are thrilled to welcome Ecolab as our Series A investor. This investment is a testament to the hard work and dedication of our team and our capabilities, enabling more industrial facilities in achieving their sustainability targets efficiently.”

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About FTD solutions:

FTD solutions is focused on environmental sustainability performance for industrial facilities by deploying software, expertise, and connections. It leverages deep knowledge of water and facilities, award-winning propriety software, and a legacy of bringing together industry partners to create new industry standards to provide maximum value to its clients. From diagnosing and defining specific issues to connecting industrial facility owners with the right solutions, FTD tackles inefficiencies, enhances manufacturing operations, and empowers environmental sustainability. Learn more about FTD solutions at https://www.ftdsolutions.net/ or follow on LinkedIn.

 

About Ecolab:

A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Building on a century of innovation, Ecolab has annual sales of $15 billion, employs more than 46,000 associates, and operates in more than 170 countries around the world. The company delivers comprehensive science-based solutions, data-driven insights, and world-class service to advance food safety, maintain clean and safe environments, and optimize water and energy use. Ecolab’s innovative solutions improve operational efficiencies and sustainability for customers in the food, healthcare, life sciences, hospitality, and industrial markets. www.ecolab.com

Follow us on LinkedIn @Ecolab , Instagram @Ecolab_Inc , Facebook @Ecolab and X @Ecolab.

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