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EDGE-AI27d ago
Sift raises $42 million in Series B round
Sift, a Southern California startup, raised $42 million in a Series B funding round led by StepStone Group on March 25. The investment will enhance Sift's engineering team, developing infrastructure for AI-controlled hardware. Sift's technology transforms raw sensor data into structured formats, enabling seamless operations for modern rockets, satellites, and autonomous vehicles reliant on vast data streams.