DeepSig Raises $5M in Series A Financing

deepsig

DeepSig, an Arlington, VA-based company developing AI to transform wireless for 5G, IoT, and security, raised $5M in Series A financing.

The round, which added to the $3.5M previously raised, was led by Leawood Venture Capital with participation from Scout Ventures, Blu Venture Investors, and Lockheed Martin Ventures.

The company intends to use the funds to accelerate its AI and machine learning (ML) software development and deployment to improve performance and security while reducing power consumption and cost in 5G and other wireless systems.

Led by Jim Shea, CEO, DeepSig develops deep learning software on Cloud, Edge, and embedded devices. Their OmniSIG™ product provides visibility into wireless spectrum activity to find interference, wireless/cyber threats, and anomalies. OmniPHY™ replaces key conventional baseband signal processing technology with machine learning to improve system performance. The company participates in the Telecom Infra Project and the O-RAN Alliance that are working to reduce the costs of 5G through virtualization onto commodity hardware.

FinSMEs

02/03/2020

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