Edge AI Automation provider Adapdix secured funding from SoftBank’s Opportunity Fund

Adapdix Corporation

Adapdix Corporation, a California based digital transformation leader in the Edge AI Automation and intelligent control software, has now secured funding from the SoftBank’s Opportunity Fund.

Adapdix Corporation is founded by Anthony Hill in the year 2015. It offers an innovative software platform, known as EdgeOps, which combines advanced machine learning and artificial intelligence analytics with a distributed architecture to enable the enterprises to control where the AI data is, at the edge to reduce network cost, increase model accuracy, and congestion.

Executive Opinion

Chad Harris, an investor from SoftBank's Opportunity Fund, said, "We are excited to support Adapdix in its AI innovations and to participate in its development of new solutions for the edge – we believe the result will be a real game changer. The SB Opportunity Fund is investing at this early stage because we recognize the differentiation of Adapdix' technologies and believe that it has the potential to become the leader in the fast-growing edge AI market."

Anthony Hill, Founder, and CEO at Adapdix, said, "This investment is a validation of our vision for our next-generation AI platform. With the SB Opportunity Fund joining the team of investors, we now have the ability to scale up the business and develop the required ecosystem of partners and suppliers."

Adapdix Corporation's Latest Funding

This new funding increased the total investment amount secured to date around $10 million.

The company as of now has plans to use the new funds to build the Artificial Intelligence platform for the edge.
PC: Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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