Tech Company Financing Transactions
Hypersonix Funding Round
On 5/15/2020, Hypersonix raised $11.5 million in Series A funding from Intel Capital and private investors.
Transaction Overview
Company Name
Announced On
5/15/2020
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors
Intel Capital (Lead Investor) (Vijay Reddy)
Proceeds Purpose
The company intends to use the capital for the expansion and deployment of its Autonomous AI Analytics platform within consumer commerce industries, including retail, restaurant, hospitality, e-commerce, consumer-packaged goods (CPG) and manufacturing.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2150 North 1st St. 4th Floor
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Overview
85% of global consumer commerce enterprise decisions are siloed and based on gut instincts. This often leads to wrong or suboptimal decisions that cost the company. Even when decision-makers decide to use data, it's often outdated and not relevant by the time it's compiled and handed to them. In addition to this, the data provided itself could be wrong!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prem Kiran
VP - Customer Service
Todd Michaud
VP - Engineering
Kumar Srivastava
VP - Operations
Gina Becchetti
VP - Product Management
Navdeep Raj
VP - Product Management
Rama Rao
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