AsiaNet  87994

PLEASANTON, Calif., Feb. 9, 2021 /PRNewswire=KYODO JBN/ --

Adapdix Corporation [https://www.adapdix.com], the digital transformation

leader in Edge AI automation and intelligent control software, today announced

that it has received funding from SoftBank's Opportunity Fund, pushing the

total investment amount secured by Adapdix up to $10 million. The new funds

will be used to build the next generation Artificial Intelligence (AI) platform

for the edge, enabling real-time predictive analytics and maintenance for

enterprises.  

Chad Harris, an investor from SoftBank's Opportunity Fund, said, "We are

excited to support Adapdix in its AI innovations and to participate in its

development of new solutions for the edge – we believe the result will be a

real game changer. The SB Opportunity Fund is investing at this early stage

because we recognize the differentiation of Adapdix' technologies and believe

that it has the potential to become the leader in the fast-growing edge AI

market."

Anthony Hill, Founder and CEO at Adapdix, said, "This investment is validation

of our vision for our next-generation AI platform. With the SB Opportunity Fund

joining the team of investors, we now have the ability to scale up the business

and develop the required ecosystem of partners and suppliers."

Adapdix' EdgeOps(TM) is a software-only solution that combines advanced

artificial intelligence and machine learning (AI/ML) analytics with a

distributed, edge-based architecture. By enabling control where the AI data is,

at the edge, Adapdix helps to increase model accuracy, reduce network cost and

congestion, and cut latency.

As the first predictive analytics solution based on an industrial-grade data

mesh technology, Adapdix enables ultra-low-latency, predictive maintenance and

control. Adapdix' EdgeOps(TM) will initially focus on serving manufacturing

companies in the semiconductor, electronics and automotive sectors, with more

industries planned for the future.

About Adapdix

Adapdix provides an innovative software platform for enterprises, that

optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge.

The company's customer-centric Adapdix EdgeOps(TM) platform provides previously

unmatched performance increases in uptime of equipment, reduction in supply

chain and logistics cost and increases in remote worker control and

productivity. Founded in 2015, Adapdix is headquartered in Pleasanton,

California – see http://www.adapdix.com.

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Source: Adapdix Corporation