Boston based axle ai is in the news again. The pioneering company, continuing to address the largely unmet need for advanced video search and management tools for small to mid-sized teams, announced a week ago, the launch of axle ai GearTM, an integrated system which combines new Apple Mac mini computing power with axle ai’s browser-based, AI-capable media management, workflow and transcode software. axle ai Gear combines state-of-the-art auto-tagging and search with graphical workflow and transcoding tools designed for ease of use and broad accessibility.
Today, the company announced that it is launching a funding round on SeedInvest, a leading equity crowdfunding platform. The site is live today at www.seedinvest.com/axle.ai/seed. SeedInvest provides individual investors with access to pre-vetted startup investment opportunities. SeedInvest has funded over 150 startups and boasts a rapidly growing network of over 200,000 investors. SeedInvest has had over 25,000 startups apply to raise capital since inception and has only accepted 1% of those companies to feature on the platform.
As a result of the passage of the JOBS (Jumpstart Our Business Startups) Act in 2012, both accredited and non-accredited investors are able to invest in private companies. SeedInvest makes this possible in practice and the company, which has been on a growth spurt for some time is welcoming outside investments through the platform.
axle ai has sold its intelligent video search and management software solutions to over 500 companies worldwide, from media conglomerates such as Turner, CBS and Paramount, to multinational corporations like REI, Reebok, Coca-Cola and Price Waterhouse Coopers. The software, leveraging the latest advancements in artificial intelligence and machine learning, allows customers to tag, search, manage and collaborate with their media in ways that were previously too complex or cost-prohibitive. As video based content continues its global reach as an essential communications medium, axle ai’s software solutions provides content creators with a cost-effective and easy-to-use toolset to help manage their video creation process.
Said Sam Bogoch, axle ai’s CEO, “axle ai has been growing rapidly since our founding due to the continuing worldwide adoption of our radically simple software solutions for searching and managing video content.” Continued Bogoch, “We’ve found SeedInvest to be an ideal funding partner and are excited to welcome investors to be a part of our growing company.”
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