Neurence provides Intelligent cloud-based recognition engine allowing computers to understand unstructured human environments.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Cambridge
State: Cambridgeshire
Zip:
Country: United Kingdom
Neurence was founded by a group of world-class mathematicians and software engineers in Cambridge, England. Representing one of Europe&s;s premier technical groups, the team at Neurence has built a highly intelligent, cloud-based central repository of information: Neurence acts like a "brain", with an ability to actually see, hear and understand the world around it. By using new mathematical and computational algorithms which power our cloud architecture, devices can be connected into and powered by Neurence, &s;outsourcing&s; the processing of information from on-board the device into Neurence&s;s intelligent cloud. By communicating all sensory data to Neurence, devices can access Neurence&s;s knowledge to react to situations in the most effective and efficient way yet. This cloud-based machine learning means that each device does not need on-board processing power, allowing devices to be lighter, faster and less expensive to manufacture.Neurence is hosted in a shared cloud storage architecture, meaning devices and applications can consult the brain when they come across a new situation. As Neurence learns from the experience of all connected devices, Neurence will automatically instruct the device on what to do based on the optimal outcome of other devices&s; history.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2015 | Venture Round | 1 | $4M |
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