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Neurala, Emerging Leader in AI Technology, Closes Record-Breaking Year With Continued Growth and New AccoladesDeep learning neural networks company Neurala today announced a record-breaking year that included a well-publicized $14 million Series A funding round, significant customer and talent gains, local and global expansion, multiple industry award wins, and increased technological offerings in the drone, autonomous vehicle, security and inspection spaces. Neurala is the company behind The Neurala Brain-deep learning neural network software that makes smart products like cameras, robots and drones more autonomous and useful. Neurala uses a bio-inspired approach to mimic the way the human brain learns and analyzes its environment. Unlike traditional AI companies whose solutions are designed for supercomputers connected to the internet, Neurala's first project was for NASA for autonomous planetary exploration, so the company's deep learning neural networks (DNN) had to be lightweight and perform in real time without ground intervention. Neurala's DNN software can operate locally "on the edge" and features patent-pending edge-learning technology, called Lifelong-DNN. "Neurala began as a deeply academic, research-focused company and-in the last year especially-has transformed into a customer-focused product company ready to transform industries," said Massimiliano "Max" Versace, co-founder and CEO of Neurala. "2018 will be the year for learning on the edge and building a super brain. We are excited to be leading the charge and look forward to our continued growth and to providing opportunities for Boston's AI talent." In 2017, Neurala continued its tremendous growth and celebrated many notable milestones:
Neurala, Inc. (http://www.neurala.com) developed The Neurala Brain-deep learning neural network software that makes smart products like robots, drones and smart cameras more autonomous, engaging and useful. Neurala provides customized solutions ranging from high-end applications to inexpensive everyday consumer products. With the Neurala Brains for Bots Software Development Kit (SDK) and an ordinary camera, products can learn people and objects, recognize them in a video stream, find them in the video, and track them as they move. The Neurala Brain is based on technology originally developed for NASA and the U.S. Air Force. Follow Neurala on Twitter (News - Alert) at @Neurala and on Facebook, YouTube and LinkedIn.
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