FISHERS, Ind. (May 6, 2020) – The Indiana Economic Development Corp. is offering Fishers-based Qumulex $935,000 based on its plans to invest $1.4 million in its video surveillance and access control company and create 55 jobs by 2026.
Fishers-based Qumulex is a cloud-based, Internet of Things technology and software company formed in 2018 to help commercial clients enjoy some of the same features already found in residential video surveillance and access control systems. Tom Buckley, a co-founder and the company’s vice president of sales, said the first version of Qumulex’s browser-based platform will start shipping in the next two months.
“We’re inspired by Ring doorbells and Nest,” Qumulex President and co-founder Dan Rittman said. “They’re convenient and really easy to use with mobile interfaces, but those are residential solutions, and they haven’t penetrated the commercial space.”
KSM Location Advisors is pleased to have negotiated $935,000 in incentives for Qumulex.