5×5 Technologies Lands New Investment to Accelerate AI-Powered Analytics and Data Services for Critical Infrastructure

5×5 emblem

Safar emblem

Safar Partners and Australian pension fund Hostplus lead funding spherical

ST. PETERBURG, FL, USA, September 6, 2022 /EINPresswire.com/ — 5×5 Technologies at this time introduced it has secured a convertible debt spherical led by Safar Partners. The new funding will likely be used to broaden markets and purposes for the corporate’s modern AI-powered analytics for essential infrastructure.

Since 2016, 5×5 has emerged as a number one, international supplier of information analytics for the bodily constructions that ship 5G telecommunications, broadband web, first responder networks, non-public and industrial air transport, cell edge computing, and different very important providers that energy superior economies.

The firm presents a supply mannequin constructed on patented and proprietary know-how. It options experience in robotic UAS (drone) knowledge assortment methodologies, clever 3D digital twins, and subtle knowledge modeling that leverages synthetic intelligence. 5×5 has curated a 3D object dataset for AI purposes which is without doubt one of the most intensive of its type. In 2022, 5×5 has targeted on requirements of high quality for knowledge integrity and enterprise system integrations which might be unprecedented within the trade. Asset homeowners and operators profit from insights, value management and paths to income optimization which had been beforehand inconceivable to floor with accuracy at-scale.

5×5 is without doubt one of the solely woman-founded, woman-led companies in AI-powered infrastructure analytics.

Safar Partners was an early proponent of 5×5’s modern know-how and has been a continuous backer of the corporate. In this spherical, Safar was joined by Australian pension fund Hostplus, an anchor investor in Safar Partners and one of many largest pension funds in Australia.

“We are proud to have been an early investor in 5×5 and to have helped the company deliver its products and services to these vital industry sectors,” mentioned Arunas Chesonis, a Managing Partner at Safar Partners.

“The importance of our customers to the global economy keeps 5×5 focused on delivering accurate, reliable, trusted data,” mentioned 5×5’s Founder and CEO, Anne Zink. “This backing from Safar and Hostplus reinforces a belief in our amazing team and technology. We are energized to deliver the most innovative and useful solutions in infrastructure data analytics and services to organizations around the world.”

About Safar Partners

Safar Partners is a seed- to growth-stage enterprise fund investing primarily in know-how corporations out of MIT, Harvard, and the University of Rochester. Safar takes benefit of the ideas of personal fairness to create worth as corporations scale past preliminary prototypes. The agency accelerates the scaling of portfolio corporations by means of the formation of spinouts or joint ventures to deal with further markets, industries, or geographies. For extra about Safar Partners, go to https://www.safar.partners

About Hostplus

Founded by the Australian Hotels Association and the United Workers Union in 1988, Hostplus has grown to be one of many largest tremendous (pension) funds in Australia. With 1.4 million members, greater than 250,000 employers and $78 billion in funds below administration (as of 30 November 2021), the corporate has scale and ongoing progress that permits for low member prices and a broad vary of funding alternatives. For extra info, please go to https://hostplus.com.au

About 5×5 Technologies Inc.

5×5 Technologies is a frontrunner in knowledge analytics, enabling homeowners of essential infrastructure to

digitally rework bodily asset administration at-scale. Leading corporations, methods integrators, and governmental businesses belief 5×5 for AI-powered analytics, knowledge integrity, 3D digital twins and system integrations. The award-winning agency is backed by Softbank Corp., Safar Partners, Hostplus, Ocean Azul Partners, Council Tree Investors, innovation-driven household workplaces and particular person traders. 5×5 has staff based mostly in North and Central America, Europe, and Asia. Visit www.5×5.ai

###

Christopher Fawcett
5×5 Technologies Inc.
+1 727-382-5255
e-mail us right here
Visit us on social media:
LinkedIn