Brodmann17 announced that it raised an $11M Series A funding round from both new and existing investors, including OurCrowd, who led the round, Maniv Mobility, AI Alliance, LLC, UL Ventures, Samsung NEXT, and Sony Innovation Fund. With the funding, Brodmann17 will expand partnerships, accelerate integration of its deep learning solution with customers, and continue its mission to put efficient, powerful automated driving capabilities in every vehicle.
The split-second data processing required for automated driving necessitates edge computing, a market poised to be worth $34B by 2023. Brodmann17’s patent-pending software is able to run on the edge while increasing ADAS resolution, frame rate, and accuracy. The solution is easily integrated to quickly provide ADAS capabilities and meets the automotive industry’s toughest standards.