Pratexo Raises $3.5M in Seed Funding
Summary
Pratexo Inc., an Austin, Texas-based intelligent edge computing and distributed cloud platform for AI, IoT, and Industry 4.0, closed a $3.5M seed funding round. The round was led by BCP Blitz LP, Raiven Capital, and Northscaler, along with a consortium of business and technology leaders from the U.S., Canada, and Scandinavia. Led by Blaine Mathieu, CEO, Pratexo provides a technology platform to support IoT and artificial intelligence strategies and initiatives which demand compute power at the edge, such as near sensors or cameras placed in remote locations. Suited for industries such as shipping, energy, utilities, defense, and smart buildings/cities, Pratexo uses open and proven technologies to configure the most appropriate architecture for a particular type of edge application. The Advisory Board now includes: • Dr. Nimi Abili: Chair of Institute of Marine Engineering, Science and Technology (Houston Branch) and Consulting CTO for numerous multinational energy companies.
Funding
Review available funding amount, funding date, investors, and linked company information related to Pratexo Raises $3.5M in Seed Funding in the interactive ISVWorld profile.