Hayden AI Technologies, Inc., a San Francisco, Calif.-based smart city solutions provider, closed a $4.5m funding round.
The round, which brings total funding to $9.5m, including a $5m seed round from last year, was led by BootstrapLabs with participation from Modern Venture Partners, UC Berkeley’s Strawberry Creek Ventures, e.Republic, and Autotech Ventures.
The company intends to use the funds to accelerate the development and delivery of AI-powered solutions.
Led by Chris Carson, Co-Founder and CEO, Hayden AI combines mobile sensors with artificial intelligence to provides solutions aimed at enabling governments to achieve their goals of safer streets, equitable transportation, and efficient urban mobility.
The company secures partnerships with public transportation and mobility providers to deliver automated traffic law enforcement solutions. Most recently, Hayden AI partnered with Conduent Transportation to deliver an automated bus lane enforcement solution featuring a transit bus-mounted perception system integrated with video analytics and violation processing technologies, thereby improving bus lane performance and enhancing traffic safety. The company’s platform also wields sensor data with digital twin technology to simulate scenarios and create actionable insights into hazardous driving areas, parking management, traffic patterns, curbside management, and more, empowering traffic enforcement agencies to operate efficiently.
FinSMEs
17/05/2021