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.”
His agencies’ services, for over a quarter century, have helped garner early stage and growth companies significant brand exposure, resulting in either acquisition or IPO, with a total valuation of over $2.0 Billion.
Mr. Chan is a serial entrepreneur, philanthropist, author and angel investor. He played key executive roles early on in helping to pioneer and usher in both professional digital audio and digital video technologies for the recording, broadcast, cinematic and post production industries. He also played key executive roles in helping to develop and market data storage technologies. His expansive background spans four decades in ever increasing executive roles in operations, business development, engineering and sales/marketing in the information technology, media & entertainment, storage and networking, and other related high technology industries.
He is an active mentor and senior advisor to many established and start-up companies, a market/technology analyst, and has three decades of experience in brand development, management consulting, company turnarounds, creative advertising and public relations.
A graduate of California Polytechnic State University (Cal Poly), San Luis Obispo; Mr. Chan is celebrating his 12th year as a Board of Director for the Fullerton College Foundation and recipient of the 2017 President’s Award for Outstanding Service in Business; 17th year as an Entrepreneur-in-Residence and mentor for the Small Business Institute at California State University Fullerton and incubators. Additionally, he is a volunteer member of DECA (Delta Epsilon Chi and Distributive Education Clubs of America); an advisor to the College of Engineering's Global Waste Research Institute and Center For Innovation and Entrepreneurship, Cal Poly, San Luis Obispo and a member of the President’s Green and Gold Society. Passionate about hospice care, he was the past Board President for the Healing Hearts Association; and is a regularly featured speaker at many MBA and Doctorate level lectures around the country. He has presented and published over 30 papers worldwide, is a book co-author, an Editorial Board Member for the Society of Motion Picture and Television Engineers, Senior Editor for Broadcast Beat and AV Beat Magazines, past Senior Editor for Computer Technology Review, and is a regularly featured Contributing Editor to many US and international trade publications for over 30 years.
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