Axion Ray’s Post

We're thrilled to announce that Axion Ray has secured $17.5 million in Series A funding, led by Bessemer Venture Partners, with strategic investment from RTX Ventures. This brings our total funding to $25 million. This funding will propel our mission to empower manufacturers with an AI observability command center, enabling them to detect and resolve quality issues impacting customers, faster than ever. https://lnkd.in/g4sDHgxM Thank you to our incredible team, partners, and investors for joining us on this journey. #AxionRay #SeriesAFunding #aiinnovation

Axion Ray featured in Bessemer Venture Partners new Vertical AI report this week “The meteoric rise of [Vertical AI] businesses…set the stage for an exciting new development in the vertical software landscape AI facilitates work that was previously impossible to achieve with human labor alone, and so the work was not being done or being done poorly. …for example, Axion Ray helps manufacturers by analyzing large volumes of product data across IoT & telematics, field failures, production, and supplier data.” https://lnkd.in/gw7D54u6

Proud to be featured in Bessemer's 2024 State of the Cloud "With early startup leaders such as...Axion...growing at impressive clips, we expect new enduring public Vertical AI companies to be born...we predict we will see at least five Vertical AI Centaurs ($100M+ ARR) emerge within the next two to three years."

We're hiring a Senior Product Manager at our NYC location to lead our product vision and execution, driving innovation in manufacturing. Join our dynamic team to shape the future of our groundbreaking product and improve the quality of products across the world. If you're passionate and ready to grow with us, apply now! https://lnkd.in/eEGYAaBQ

Come hear our founder, Daniel First, speak alongside other AI hardtech founders & Jenna Zerker next week at New York Tech Week! #NYTechWeek Nancy Chou

"Imagine that you're the head of engineering overseeing a Boeing fleet, or a new medical device released with innovative technology...how do you know - what are the top emerging issues impacting your customers?" Hear our founder Daniel First share Axion's mission and how we're supporting field engineering leaders at Founders You Should Know, a startup engineering meetup in NYC. Thank you Jennifer Yip for hosting!