HomeUSACybord Raises $8.7M in Series A Funding

Cybord Raises $8.7M in Series A Funding

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Cybord

Cybord, a Wilmington, DE-based provider of a visual AI solution ensuring electronic component quality, authenticity, and traceability, raised $8.7M in Series A funding.

The round was led by Capri Ventures, with participation from Ocean Azul Partners and existing investors IL Ventures and NextLeap Ventures, among other new and current investors.

The company intends to use the funds to accelerate its growth and further global distribution of its solution.

Founded in 2018 by CTO Eyal Weiss and led by CEO Oshri Cohen, Cybord is a provider of a visual AI component analytics solution for the electronic manufacturing ecosystem. Leveraging AI and big data, the company analyzes 100% of electronic components on the assembly line, verifying their reliability, authenticity, and traceability to support all industries utilizing electronic circuit boards, from automotive to data centers.

FinSMEs

17/09/2024

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