Tech Company Financing Transactions
Buzz Solutions Funding Round
On 12/1/2022, Buzz Solutions secured $3.3 million in funding from GoPoint Ventures and MaC Venture Capital.
Transaction Overview
Company Name
Announced On
12/1/2022
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Undisclosed
Investors
GoPoint Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue building its technology that can inspect transmission, distribution, and substation infrastructure helping to prevent power outages, wildfires and other dangerous situations.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
531 Lasuen Mall 11467
Stanford, CA 94309
USA
Stanford, CA 94309
USA
Phone
Website
Email Address
Overview
Buzz Solutions provides AI powered Software Platform and Predictive Analytics for detecting faults and anomalies on power line assets and components for power utilities. We automate the process of inspection of power lines for faults and anomalies by analyzing millions of visual data points captured by helicopters, drones and linemen in the field.
Management Team
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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