area17

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

area17 - overview

Established

2015

Location

Menlo Park, CA, US

Primary Industry

Software

About

Founded in 2015 by Poojitha Preena and based in California, US, area17 develops systems for autonomous indoor navigation and collision avoidance for machines specifically for drones. The company is a spin-out from SRI International. In 2016, the company raised seed funding from Morado Ventures and Red Dog Capital. Furthermore, it also raised investments from other investors including Singtel Innov8, Visionnaire Ventures, and Xplorer Capital.


area17 develops a software system SLAM (Simultaneous Localization and Mapping) with commodity sensors and processors for drones to provide obstacle detection and collision avoidance.


Current Investors

Singtel Innov8

Primary Industry

Software

Sub Industries

Consumer Electronics, Analytics & Performance Software

Website

www.area17.ai

Verticals

Artificial Intelligence, Robotics

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.