Thursday, 17 December 2020 11:37

Trellis Data funding round raises $3 million to support future growth Featured

By

Australian machine learning company Trellis Data has successfully completed a funding round for growth capital, raising $3 million with support from lead investor, CSIRO’s Main Sequence Ventures.

Trellis Data says the fresh capital puts the company in a strong position to accelerate expansion both in Australia and overseas, and fuel further development of its “world-leading” Trellis Intelligence Platform.

The Trellis Intelligence Platform provides what the company says is a “world-first, real-time explanation” of neural networks to enable trusted real-time automated decision making, taking out the ‘black box’ of AI.

It also provides ‘one-click’ machine learning to create and deploy neural networks allowing non data scientists to use the power of AI to solve complex business problems.

{loadposition peter)

The Trellis Intelligence Platform is currently used by a number of sectors, including Australian Government and Defence, financial services and consulting services.

Trellis Data says that currently, the platform is being deployed to help detect hitchhiker pests on containers at Australia’s shipping ports, making decisions at the edge for the Australian Defence Force, determining the compliance of documents against international standards as well as understanding the reasons for a customer’s change of behaviour (i.e. predicting non-compliance).

Based in Canberra, Trellis Data remains fully Australian owned and the company says it has experienced “tremendous success since launching, profitably growing over 100% year-on-year over the last three years”.

Trellis Data says it aims to build on this success further with the fresh investment going towards scaling across Australian Government and private sector markets as well as international expansion in 2021.

“It has been a great journey since we started Trellis Data just a few years ago”, said Trellis Data's CEO, Michael Gately.

“The support from all our investors, and especially Main Sequence Ventures, has enabled us to accelerate our technology to enable us to gain rapid market share and put us in a position to launch international expansion in 2021. Our mission is to build the future through machine learning and our journey has just begun!

“The key to our growth is leveraging world-leading neural network techniques, along with real-time explanations that can be trusted, to solve a myriad of problems for our customers. The platform leverages videos, sound, documents and structured data, independently or in combination to solve the most complex problems.”

Read 3186 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here




GET READY FOR XCONF AUSTRALIA 2022

Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.


Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event

GET YOUR TICKET!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Staff Writers

Our Staff Writers and Guest Writers contribute content to iTWire each day and they are a valuable asset to the team. If you want to be a staff writer please contact us.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments