Adapdix Completes $8M Series A Funding Round

Adapdix

Adapdix Corporation, a Pleasanton, Calif.-based digital transformation leader in Edge AI automation and control software, completed an $8M Series A funding round.

The round was led by WRVI Capital, with participation from Micron Ventures and existing investor X2 Equity.

The company intends to use the funds to continue to expand operations and its business reach.

Founded in 2015, Adapdix provides an innovative software platform for enterprises that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge. The company’s customer-centric Adapdix EdgeOps™ platform provides performance increases in uptime of equipment, reduction in supply chain and logistics cost and increases in remote worker control and productivity. EdgeOps™ will initially focus on manufacturing customers in the semiconductor, electronics, and automotive industries, with more sectors to follow.

FinSMEs

09/12/2020

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