Edgybees Raises Funds to Drive Aerial Video Geotagging Innovation

Edgybees Raises Funds to Drive Aerial Video Geotagging Innovation

Edgybees, a Maryland-based developer of aerial video georeferencing software for public safety and defense applications, has generated $9.5 million from a Series A funding round to seed product development, hiring and market footprint expansion initiatives.

LG Technology Ventures, Verizon Ventures, Refinery Ventures, Kodem Growth Partners and OurCrowd participated in the Seraphim Capital-led fundraising round, Edgybees said Wednesday.

"Our mission is to ensure positive human outcomes during lifesaving missions," said Adam Kaplan, co-founder and CEO of Edgybees.

The company designed its Visual Intelligence Platform to produce overlays of landmarks, roads and mission-critical assets with live video footage for potential defense, law enforcement and infrastructure management use.

Motorola Solutions Venture Capital, NFX and 8VC are current Edgybees investors.

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