Ax ai Co-founders Sam Bogoch and Patrice Gouttebel
Editorial user in Pie Town with ai axle
Axle AI – make media smarter
Axis.ai’s Successful Crowdfunding Campaign on Republic.co Spends $ 250,000 Raised with 4 Days Left
– Sam Bogoch, CEO, Axle AI
BOSTON, MA, USA, September 23, 2021 /EINPresswire.com/ – Video management software provider Axle.ai just got covered on Business Insider’s website https://markets.businessinsider.com / news / stocks / axle-ai -the-search-engine-for-internal-media-files-is-equity-crowdfunding-to-make-video-editing-simpler-1030818742, in an article describing the journey of starting axis and Republic.co’s crowdfunding cycle which ends at midnight Pacific Time on Monday, September 27. Axle’s previous crowdfunding round, in 2020, was oversubscribed, and the current round is quickly approaching a similar result – over $ 250,000 (10 times the original goal of $ 25,000) on an amount possible $ 428,000 in this cycle is already committed. A 3-minute introductory video featuring the Axis.ai leadership team can be viewed at https://tinyurl.com/axlein3mins, and the Republic campaign page is at address https://republic.co/axle-ai.
The equity crowdfunding campaign highlights Axe.ai 2021, the company’s browser-based remote media search software. The software includes a browser interface that allows multiple users to tag, catalog, and search their media files, as well as a range of AI-based options to automatically catalog and discover specific visual and audio attributes in those files. For example, audio tracks can be transcribed automatically, with the resulting transcription immediately searchable in the timeline; Likewise, Axe.ai provides facial recognition with built-in training for new faces over time. The modular nature of the system supports additional plug-ins for recognizing objects and logos and identifying sports highlights. The software can be used to create distributed team workflows for storage pools that would otherwise be siled and difficult to find. To date, Axle.ai has more than 700 customers around the world, including leading names such as the NY Yankees, Madison Square Garden, LA Clippers, PWC, Elevation Church, Paramount and Warner Bros. A recent profile of an axle client, reality TV production house Pie Town (producers of HGTV’s House Hunting and Flip or Flop), can be viewed at youtu.be/H1xkcQ0YJO8.
One of the keys to ax.ai over the past two years has been the ability of its software to enable remote work by video production teams. Often, video collaboration relies on the manual transfer of files between sites, often using portable hard drives and Fedex. Having a browser-based solution gives media teams a lot more flexibility in managing and staffing their projects for quick results, and the ability to use AI-based engines to find and reuse content. makes it much more valuable and relevant for modern marketing purposes, especially through social media.
Given the large amounts of video – often several terabytes – that can be accumulated by a video crew in a single shoot, this system allows for quick finding and management of these files over time. The software also includes a range of plug-in panels for Adobe’s Creative Cloud application suite, which allow members of the creative team on any Mac or Windows laptop to search, access and directly download media files wherever they are. In addition, the company offers a codeless workflow automation tool, Connectr, as well as a freemium voice transcription tool, Ascribe. These are complementary to its core media management software and together provide a complete solution for ax.ai customers.
• This month, axis.ai announced that it has completed the acquisition of Noscos, an AI / ML startup specializing in facial recognition and logo recognition applications. This further enhances the Axle technology stack while bringing new management strength to its engineering team in Eastern Europe.
• Another major announcement by the company was to secure its largest contract ever – a deployment of $ 365,000 at a major broadcaster in the Asia-Pacific region. Combined with other major new customers as well as the new partnership with Seagate, this puts the company on track for a record year, with sales roughly doubling from 2020.
• A recent strategic partnership with storage vendor Seagate opens up a new level of opportunity for Axe.ai, as joint sales efforts target major brands and media organizations with significant storage needs. The two companies have completed their first joint sale, with the Togethxr female media network, which includes Seagate’s Lyve Cloud and LaCie products, as well as Axe.ai 2021.
Sam Bogoch, CEO of ax.ai said, “For years, creative teams have expressed a need for a simplified, cost-effective way to find and manage content remotely. Legacy solutions for broadcasters have been expensive and complex, but our mission is to deliver cutting-edge AI and MAM (Multimedia Asset Management) capabilities to the widest range of creative teams possible. Our second successful Republic crowdfunding is helping us achieve these goals. “
About ax.ai, Inc.
Axle.ai (http://www.axle.ai) – We make the media smarter. Axle.ai is the recognized leader in the development of radically simple media management software. Its solutions have helped more than 700 organizations improve the way they create, share and store digital video content with media management solutions that are easy to install, use and pay for. Axis’s radically straightforward media management uniquely addresses a growing need and has quickly established itself among video professionals in post-production, education, broadcast, corporate , sports, places of worship, non-profit organizations, advertising, marketing and government organizations around the world. Axle.ai, Inc. is a privately held company; its founders have extensive industry experience in managing multimedia assets for creative applications. Investors include Stadia Ventures, Jason Calacanis’ LAUNCH accelerator and Quake Capital. Learn more at http://www.axle.ai and https://republic.co/axle-ai.
There is a global explosion of video content. Market intelligence firm IDC has estimated that the amount of data generated globally by 2025 is expected to accelerate exponentially to 175 zettabytes. An increasing double-digit percentage of this storage is used to host media files. Meanwhile, around 400,000 video teams around the world are responsible for capturing, editing, and managing this content, but much of it becomes difficult to operate soon after capture; in a report commissioned by ax.ai’s partner, Seagate, IDC estimates that more than two-thirds of the data stored is not easily searchable or accessible after first use.
Katy scott
Axle AI, Inc.
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Axle management team have in a 3 minute Power Pitch video
