About
Edgify has developed a solution that allows companies to train complete deep-learning and machine-learning models directly on their own edge devices, mitigating the need for any data transfer to the cloud while also providing near-perfect accuracy every time, without the need to retrain on a server or the cloud. Edgifys technology enables any connected device to interpret vast amounts of data generated at the edge, train a complete AI model locally, and share that learning across an entire network of similar devices, thereby training them all to identify unique aspects of a given object for use in computer vision, natural language processing, voice recognition, and any other form of artificial intelligence. Its framework can train artificial intelligence on a network of edge devices including MRI machines, connected cars, checkout lanes, mobile devices, and anything that has a CPU, GPU, or NPU. Due to the continuous and distributed learning at the edge on data generated locally, the accuracy of an AI model trained on an Edgify Framework is averaged at 99.98% and never decreases. This helps to reduce the risks, costs, and time associated with transferring sensitive data to or from an external server and effectively eliminates the need for a cloud-based learning infrastructure.
Funding history · 6 rounds · $18.1M total
Company Intelligence Q&A
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- What is Edgify's primary technological focus?
- Edgify specializes in developing solutions that enable companies to train deep-learning and machine-learning models directly on edge devices, eliminating the need for data transfer to the cloud.
- When was Edgify founded?
- Edgify was founded in September 2014.
- What was Edgify's former name?
- Edgify was formerly known as Pixoneye.
- Where is Edgify's headquarters located?
- Edgify's headquarters is located in Ramat Gan, Israel, with an additional office in London, United Kingdom.
- How much total funding has Edgify raised?
- Edgify has raised a total of $18,130,000 across multiple funding rounds. For a full financing history, please refer to startupim.
- When did Edgify secure its latest funding round and who were the lead investors?
- In October 2020, Edgify secured a Seed funding round of $6,500,000, with Mangrove Capital Partners and Octopus Ventures among the investors.
- Which investors participated in Edgify's Series B round?
- In May 2018, Octopus Ventures participated in Edgify's Series B funding round, which raised $8,000,000.
- How many employees does Edgify currently have?
- Edgify currently has 37 employees, falling within the 11-50 employee range.
- What is the reported accuracy of AI models trained using Edgify's framework?
- AI models trained on an Edgify Framework achieve an average accuracy of 99.98% and their accuracy never decreases, due to continuous and distributed learning at the edge.