EdgyBees

Company Overview

Snapshot

Founded in December 2016 by Adam Kaplan, Menashe Haskin, and Nitay Megides, EdgyBees operates with 11–50 employees. The company has raised $25 million across 7 funding rounds from 6 investors. In May 2023, Edgybees established a new U.S. entity, Edgybees Inc., to provide advanced georegistration solutions for government and commercial sectors.

Business overview

EdgyBees provides real-time augmented visual intelligence by fusing computer vision, multi-sensor data analytics, and 3D video generation to create collaborative virtual versions of complex environments. Its core technology delivers highly accurate, real-time information as a simple visual layer. The company serves various sectors including public safety, military and defense, industrial, automotive, and media and entertainment, operating within the Aerospace, Defense & HLS sector.

Strategic signal

In May 2023, Edgybees established Edgybees Inc., a new U.S. entity focused on delivering advanced georegistration solutions to the U.S. government, states, and the commercial sector. This strategic expansion signifies the company's commitment to strengthening its presence in critical markets and indicates a strong growth trajectory, particularly within federal agencies and commercial sectors requiring precise aerial and satellite imagery analysis.

Company Intelligence Q&A

What was a significant recent strategic move by Edgybees?

In May 2023, Edgybees LTD established a new U.S. entity, Edgybees Inc., to provide advanced georegistration solutions for the U.S. government, states, and the commercial sector. This move aims to expand its services and strengthen its position within federal agencies and the commercial sector.

When did Edgybees launch its Satellite Software and what does it achieve?

In April 2022, Edgybees released its Satellite Software, designed to enhance the accuracy of satellite imagery. The software aligns electro-optical satellite imagery to ground truth within two to three meters of accuracy, using AI and machine learning algorithms to detect tie points and establish optimal alignment.

What was the outcome of Edgybees' Series A funding round?

In February 2021, Edgybees closed a Series A funding round, which included participation from Seraphim Capital. This investment was intended to drive product innovation, expand global adoption, and support an aggressive hiring strategy.

Did Edgybees engage in any notable partnerships for emergency response?

In August 2021, Edgybees partnered with Carbyne to integrate real-time video imagery from drones into 911 call centers and emergency response systems. This collaboration enhances situational awareness for first responders by providing high-precision geographical registration from aerial views.

What was Edgybees' initial focus before pivoting to emergency services?

In January 2020, Edgybees pivoted from developing an augmented reality game for drones to focusing on emergency services. This shift occurred after first responders contacted the company to utilize their technology for real-time mapping using drone footage during disaster relief efforts, such as after Hurricane Irma and during Australian wildfires.