Edgify Raises $9 Million to Scale Retail AI
Edgify just raised 9 million dollars to grow its technology. This brings their total funding to 25 million dollars. Investors like Rank Ventures and Mangrove Capital Partners led the round.
The company uses AI to help physical stores manage their operations. They are currently focusing on grocery retailers. This technology helps computers process data directly on devices rather than in the cloud.
Edgify will use the money to speed up their store deployments. They also plan to build better tools for managing AI across many different devices. This move marks their push into a broader infrastructure business.
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