SAN JOSE, CALIFORNIA, US — TeleSense, an IoT technology innovator working to provide solutions to improve food safety and grain storage, has named Tim Neilan and Betty Kayton as chief revenue officer and chief financial officer, respectively.

In his new role, Neilan will help TeleSense penetrate new markets, expand partnerships, and optimize distribution channels. He has more than 15 years of experience, most recently as vice president of sales at Samsung Electronics America. Earlier, he was senior director of sales at T-Mobile USA.


Throughout her 25-year career in financial management, Kayton has held CFO posts at various companies, including Dropbox, Dropcam, Neato Robotics, Vuclip, Viki and AngelList. She also has held senior positions at Fortune 500 companies, including Citicorp and Fujitsu.

 “We’ve rounded out the TeleSense leadership team with exceptional industry professionals,” said Naeem Zafar, founder and chief executive officer of TeleSense. “Attracting such strong talent is a testament to our market traction and compelling vision to shape the supply chain in the post-harvest grain market worldwide.”

TeleSense also announced that Soren Schroder has been named chairman of the board. Schroder, a former CEO of Bunge Ltd., originally joined the TeleSense board in October 2020 along with Mark Palmquist, CEO of United Malt and former CEO of GrainCorp. In his new role, Schroder will take a more central role championing TeleSense’s importance in the global grain supply chain evolution.
 
TeleSenselast fallclosed a $10.2 million Series B round of financing led by existing investor Finistere Ventures, an ag and food investment pioneer. Fulcrum Global Capital (FGC), UPL Ltd., Artesian and Mindset Ventures, as well as existing investors such as Rabobank’s Food & Agri Innovation Fund also joined the round. The company also recently has established offices in Australia and Europe, to focus on strengthening its global sales channel, speeding production and further building out its data science team to maintain its position as an artificial intelligence (AI) leader in the grain industry.