Tech Company Financing Transactions
webAI Funding Round
Private investors participated in a funding round for webAI. The round was announced on 9/11/2024.
Transaction Overview
Company Name
Announced On
9/11/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its development efforts to accelerate its mission to democratize AI access and drive innovation in the distributed AI field, giving enterprises a secure alternative to cloud-based AI providers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
515 Congress Ave.
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Undisclosed
Website
Email Address
Overview
We are establishing the first distributed Al infrastructure dedicated to personalized Al. The evolving needs of a data-driven society are demanding scalability and flexibility. We believe that the future of Al is distributed and enables real-time data processing at the edge, closer to where data is generated.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Stout
VP - R & D
Ethan Baird
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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