Feb 18, 2021

Gaithersburg: Edgybees, the leading provider of real-time high precision geo-registration and visual augmentation of aerial video, today 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 the critical aerial video to make lifesaving 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 the industry’s only high-accuracy geo-registration and alignment of the 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 lifesaving 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.”