WaterBit, specialised in automated precision irrigation, has appointed Tony Alvarez as the company’s new CEO.
According to WaterBit, Alvarez is an accomplished C-level executive in the IoT and semiconductor spaces. Most recently, he was CEO of Altierre, which specializes in IoT for retail stores.
“We‘re thrilled that Tony will lead WaterBit through its next phase of growth,” said Scott Sandell, Managing General Partner, NEA and WaterBit board member. “With current heavy demands on agriculture and ever-increasing concerns about water availability and use, WaterBit’s technology is more crucial than ever.”
WaterBit’s precision irrigation solution allows farmers to reduce water use and optimise labour, while improving yield and crop consistency through a combination of IoT sensors, in-field hardware and cloud-based software. It’s currently deployed across high-value crops in California like almonds, wine grapes and berries.
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“Although this is an unprecedented time for our country and the world, farming can’t stop and growers need to continue to look for ways to make their operations more efficient,” says Alvarez. “In fact, it’s probably more important than ever for farmers to get the most out of all available resources. I’m looking forward to helping more growers do that with WaterBit’s innovative platform.”