SynthBee raised $20M in a funding round led by Crosspoint Capital to expand its proprietary computing intelligence platform.

Oct 16, 2024•about 1 year ago

Amount Raised

$20 Million

Fort LauderdaleMachine LearningArtificial Intelligence

Investors

Crosspoint Capital Partners

Description

SynthBee, founded by Magic Leap's Rony Abovitz, has secured $20 million to develop its unique computing intelligence platform. The investment will support the company's growth and team expansion in Fort Lauderdale, Florida.

Company Information

Company

SynthBee

Location

Fort Lauderdale, Florida, United States

About

SynthBee, founded by Rony Abovitz, focuses on creating a new type of computing intelligence. The company aims to amplify and accelerate human innovation across various industries. SynthBee was established to tackle the architectural challenges, security risks, and ethical flaws of current large-scale artificial intelligence systems. The company is already engaged with Fortune 500 customers and is actively recruiting top talent.

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