Video Software Company axle.ai Featured in Business Insider Article

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computers-internet

Summary

Successful axle.ai Equity Crowdfunding Campaign on Republic.co Passes $250,000 Raised With 4 Days Remaining.

Press Release

Boston, MA, USA | September 23, 2021 — Video management software vendor axle.ai was just covered in the prominent Business Insider 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 axle’s startup journey and Republic.co equity crowdfunding round which ends midnight Pacific Time on Monday, Sept. 27th.

Axle’s previous equity crowdfunding round, in 2020, was oversubscribed, and the current round is rapidly approaching a similar outcome – over $250,000 (10x the original goal of $25,000) out of a possible $428,000 in this round is already committed. A 3-minute pitch video featuring the axle.ai management team can be viewed at https://tinyurl.com/axlein3mins , and the Republic campaign page is at https://republic.co/axle-ai .

The equity crowdfunding campaign 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. The modular nature of the system supports additional plug-ins for object and logo recognition, and identification of sports highlights. The software can be used to create distributed team workflows for storage pools that would otherwise be siloed and hard to search. 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 an axle customer, reality TV production house Pie Town (producers of HGTV’s House Hunting and Flip or Flop shows), can be viewed at youtu.be/H1xkcQ0YJO8.

One key for axle.ai in the last two years has been its software’s ability to enable remote work by video production teams. Often, video collaboration has relied on manual transfer of files between sites, often using portable hard drives and Fedex. Having a browser-based solution gives media teams much more flexibility in managing and staffing their projects to a quick outcome, and the ability to use AI-driven engines to search and reuse the content makes it much more valuable and relevant for modern marketing purposes, especially via social media.

Given the vast amounts of video – often many terabytes – that can be accumulated by a video team in even a single shoot, this system allows rapid search and management of those files over time.

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