5 Days To Go In Successful axle ai Equity Crowdfunding Fundraise on Republic.co

BOSTON - Sept. 25, 2021 - PRLog -- Video management software vendor axle.ai is in the home stretch of its 2nd successful equity crowdfunding campaign on Republic.co, which ends at midnight Pacific Time on Monday, Sept. 27th. Axle ai is exhibiting at the virtual TechCrunch Disrupt 2021 conference ending today, and its CEO, Sam Bogoch, will be interviewed by Brian Mac Mahon of LA's Expert Dojo startup accelerator in a live webinar tomorrow at 10:30AM ET – signup is at https://axle.ai/event-registration/ .

Axle's previous equity crowdfunding round, in 2020, was oversubscribed, and the current round is rapidly approaching a similar outcome – over $240,000 (nearly 10x the original goal of $25,000) out of a possible $428,000 in this round is already committed. The campaign page is at https://republic.co/axle-ai , and a 3-minute pitch video featuring axle ai's management team can be viewed at https://youtu.be/9vJ4LMUnNH8.



There is a worldwide explosion of video content. The market intelligence firm IDC has estimated that the sum of data generated globally by 2025 is set to accelerate exponentially to 175 zettabytes. A growing, double-digit percentage of this storage is used to house media files. Meanwhile, approximately 400,000 video teams worldwide are responsible for capturing, editing, and managing this content, but much of it becomes difficult to leverage soon after capture; in a report commissioned by axle ai's partner Seagate, IDC estimates that more than two-thirds of data stored is not readily searchable or available for access after initial use. To date, axle ai has more than 700 customers worldwide, including high-profile names such as the NY Yankees, Madison Square Garden, the LA Clippers, PWC, Elevation Church, Paramount and Warner Bros. A recent profile of reality TV production house Pie Town can be viewed at youtu.be/H1xkcQ0YJO8.

The current crowdfunding round highlights axle ai 2021, the company's browser-based remote media search software. The software includes a browser front end allowing multiple users to tag, catalog and search their media files, as well as a range of AI-driven options for automatically cataloging and discovering specific visual and audio attributes within those files. For instance, audio tracks can be automatically transcribed, with the resulting transcript immediately searchable in the timeline; likewise, axle ai provides face recognition with integrated training for new faces over time.

Press & Media Contact:
Katy Scott
axle ai, Inc.
+1 617-262-9222
https://axle.ai/

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