Turbineone Raises $15m In Series-a Round

By Author: Ben Gross
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TurbineOne Inc., a leading company in government Machine Learning (ML) that is user-friendly and prioritizes edge computing, announced today that it has successfully raised $15 million in its Series-A funding round. The round is spearheaded by Bessemer Venture Partners, along with the continued support of previous investors The General Partnership and XYZ Ventures. Additionally, Pallas Ventures, an investment firm focused on national security, has also joined this funding round.

This venture funding will be instrumental in propelling TurbineOne's rapidly expanding business in the national security markets, particularly as the Defense Department embraces ML solutions to navigate the complexities of modern warfare. In today's battlefield, where data from various hardware and sensors can be overwhelming for warfighters, TurbineOne's Frontline Perception System (FPS) stands out by swiftly extracting valuable insights from the data through automated threat recognition and alerting decision-makers using cutting-edge ML technology. The software streamlines raw data feeds through user-friendly interfaces that warfighters can ...
... operate themselves, even in challenging battlefield conditions where connectivity, bandwidth, and cloud access are limited and risky.

"With the support of a visionary and daring team of investors, TurbineOne will continue its mission to equip American service members with a competitive edge," stated Ian Kalin, Co-Founder and CEO of TurbineOne. "The innovators at TurbineOne possess extensive experience in serving our nation, and we take pride in delivering a toolset that accelerates mission accomplishment while minimizing operational risks."

More Information : https://www.techdogs.com/tech-news/business-wire/turbineone-raises-15m-in-series-a-funding-round