Edgybees has announced US$9.5M in Series A Funding, led by Seraphim Capital, with participation from Refinery Ventures, LG Technology Ventures, Kodem Growth Partners, OurCrowd and Verizon Ventures. The investment will be used to drive product innovation, expand global adoption, and support an aggressive hiring strategy. Existing investors include 8VC, Motorola Solutions Venture Capital and NFX.
Defence, public safety, and critical infrastructure command centres depend on critical aerial video to make lifesaving decisions during public safety, rescue, and defence missions. Assembling this information in real-time presents a tremendous advantage when controlling and overcoming dangerous circumstances. However, to date, aerial streamed video referencing and positioning has been inaccurate, often with negative consequences. This is where Edgybees delivers.
Edgybees Visual Intelligence Platform™ provides the industry’s only high-accuracy geo-registration and alignment of aerial video in real time. The company’s unique approach enables rapid decision-making by visually augmenting roads, key landmarks and other mission-critical data on top of live video feeds. This is delivered through the Edgybees’ platform or by integrating with third-party systems. The system provides an operational perspective which dramatically reduces time-to-target and enhances team collaboration, situational awareness and mission effectiveness.