TurbineOne

Assembly Line

TurbineOne Raises $15M in Series-A Funding Round

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: TurbineOne, Bessemer Venture Partners


TurbineOne Inc., a leader in government Machine Learning (ML) that is simple-to-use and edge-first, announced today it raised $15 million in its Series-A funding round. The round is led by Bessemer Venture Partners with participation from previous investors The General Partnership and XYZ Ventures. Pallas Ventures, a national security focused investment firm, also joined this round.

The venture funding will be used to accelerate its rapidly growing business in national security markets as the Defense Department adopts ML solutions to sort through the fog and friction of the modern battlefield. While today’s warfighters are overwhelmed with processing data from diverse hardware and sensors, TurbineOne’s Frontline Perception System (FPS) cuts through the noise to quickly unlock data insights by automating threat recognition and cueing alerts for decision-makers using cutting-edge ML. The software refines raw data feeds through user-friendly software that warfighters can operate themselves, including in battlefield conditions where connectivity, bandwidth, and access to the cloud is hazardous and limited.

Read more at Business Wire