Friday, October 20, 2017

Trace Gets Funding From Intel Capital

Los Angeles-based Trace, a developer of mobile apps which automatically track your sports activity using sensors, video, and artificial intelligence, has scored a round of investment from Intel Capital. Size of the funding round was not announced. Intel Capital announced its investment in Trace on Thursday, as part of a larger announcement of investments of $60M in 15 technology startups. Intel says Trace's sports artificial intelligence software works in the areas of soccer, mountain sports, and water sports, and uses sensors, video and AI to provide performance insights to users and to automatically create video highlights.

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