SWIM.AI was founded in 2015 by a team of experienced entrepreneurs to deliver ‘edge intelligence’ software by combining distributed edge computing, machine learning and ‘digital twins’ to efficiently deliver real-time business insights.
Edge computing is an emerging technology for processing data on sensors and control devices in a network closest to where that data is generated.
Processing data at the edge, where it is captured, rather than transmitting it to the cloud reduces latency and bandwidth and cuts cloud storage and computing costs.
The SWIM team has extensive tech experience from previous companies that include XenSource, Virtustream (Dell/EMC), Cisco, Sensity Systems, Coho Data, Bromium and Citrix.
Cambridge Innovation Capital (CIC) recently led a $10 million Series B funding in the company.