Edgybees Raises $9.5M in Funding Round
Wednesday, February 17, 2021 | Comments

Edgybees, a provider of real-time high precision geo-registration and visual augmentation of aerial video, announced $9.5 million in Series A funding, led by Seraphim Capital, with participation from Refinery Ventures, LG Technology Ventures, Kodem Growth Partners, OurCrowd and Verizon Ventures.

Existing investors include 8VC, Motorola Solutions Venture Capital and NFX. The investment will be used to drive product innovation, expand global adoption, and support an aggressive hiring strategy.

Defense, public safety and critical infrastructure command centers depend on critical aerial video to make life-saving decisions during public-safety, rescue and defense 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 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, delivered through the Edgybees' platform or by integrating with third-party systems. This operational perspective dramatically reduces time to target and enhances team collaboration, situational awareness and mission effectiveness.

"Our mission is to ensure positive human outcomes during life-saving missions," stated Adam Kaplan, co-founder and CEO of Edgybees. "Our new partners bring unique industry expertise that optimally positions the company to drive innovation and expand our global footprint. We look forward to our next phase of growth, meeting the crucial demands of defense, public safety and critical infrastructure operators."

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