Tech Company Financing Transactions
Trax Image Recognition Funding Round
On 6/10/2016, Trax Image Recognition announced $40 million in Series C investment from private investors.
Transaction Overview
Company Name
Announced On
6/10/2016
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors
Proceeds Purpose
The company, which has raised a total of US$78m with existing shareholders, intends to use the funds to expand its global operations with a focus on North America, for product development and technical innovation.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1960 Satellite Blvd. 4100
Duluth, GA 30097
USA
Duluth, GA 30097
USA
Phone
Website
Email Address
Overview
At Trax, we have created a revolutionary image recognition platform for retail from a deep understanding of the consumer goods industry and our clients' business-critical needs.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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