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Sydney-Based Ai Company Unleash Live Secure $4.75M for Expansion

The Drone Wire

Sydney-Based Ai Company Unleash Live Secure $4.75M for Expansion

Artificial Intelligence (Ai) experts, Unleash live, today announced they have raised $4.75 million in second round funding.

With their unique technology, enterprise traction and global approach, the team at Unleash live have impressed institutional investors and high net worth individuals from the U.S.A., Europe and Australia.

Headquartered in Sydney, serial entrepreneur, CEO and Co-founder Hanno Blankenstein and his experienced technology and product team will use these funds to drive expansion into the U.S.A. in 2019.

Unleash live is a cloud based software platform that ingests live video and imagery, applies A.I. analytics in real time and empowers you to deliver decisions fast.

Unleash live’s A.I. analytics, coupled with 3D and virtual reality experiences, enable you and your experts, wherever you are, to recognise issues, categorise insights, make fast decisions and drive collaboration between the field and office.

The ecosystem of A.I. apps enables developers to test, build and deploy models that solve a wide range of business challenges.

“Unleash live applies A.I. models in real time on live video feeds so that you can make faster decisions across your dispersed infrastructure assets”.

“The overwhelming response from industry confirms our vision: we have already worked with businesses in mining, infrastructure, construction and transport, we have supported cities and councils, both in the United States and in Australia, and we have assisted emergency services in the field, most recently the fire service in California”.

“Our solution is fully operational and we are meeting a very real and increasingly pressing need”, says Hanno Blankenstein, CEO of Unleash live.

Investors in this round include experienced executives and successful entrepreneurs, such as: Peter O’Connell and Rolf Hansen, the Co-founders of amaysim; Smarter Capital (Sydney); and venture capital firm, Revel Partners (New York).

“We find Unleash live’s capabilities really powerful for the enterprise and we look forward to expanding their offering and to taking their market leadership global”, notes Rolf Hansen, Investor and Board Member of Unleash live.

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