375ai, a Palo Alto, CA-based decentralized edge data intelligence network, raised $5M in Seed funding.
The round was led by 6th Man Ventures, Factor, Arca, EV3, Primal Capital, and Auros.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Harry Dewhirst, 375ai is dedicated to building a large decentralized edge data intelligence network which, with a focus on innovative AI-driven data transfer, aims to transform how data is collected, analyzed, and monetized at the edge.
The company has officially launched with the introduction of its first product, 375edge, an advanced edge artificial intelligence (AI) node designed to collect and analyze multimodal data in real-time with efficiency and accuracy. The devices are now available to the public for purchase with provided installation services.
The 375edge device:
- Tracks Environmental and Traffic Data: including vehicle make, model, type, count and synchronized environmental metrics
- Offers Quick Deployment: users have access to to rapid installation services to help join the 375edge network across Outfront Media’s 40,000 billboards in the United States
The leadership team is composed of co-founders Harry Dewhirst, Trevor Branon, and Rob Atherton, who together have expertise across industries including advanced networking hardware and software, AI, cybersecurity, mobile advertising networks, and telecommunications.
FinSMEs
08/08/2024