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1. Austin-based startup AzevedoTech raises $2 million in Series A funding
AzevedoTech, an Austin-based startup, has raised $2 million in Series A funding. The funding was led by Silverton Partners, with participation from Next Coast Ventures and Capital Factory.
AzevedoTech was founded in 2017 by brothers Rafael and Renato Azevedo. The startup has developed a platform that uses machine learning to automate the process of creating 3D models from 2D images.
The startup will use the new funding to expand its team and continue developing its technology.
“We are excited to be working with Silverton Partners and Next Coast Ventures as we continue to build our team and technology,” said Rafael Azevedo, co-founder and CEO of AzevedoTech.
AzevedoTech is just one of many startups that have been founded in Austin in recent years. The city has become a hotbed for tech startups, thanks to its vibrant tech community and supportive ecosystem.
With its new funding, AzevedoTech is well-positioned to continue its growth and make a big impact in the world of 3D modeling.
2. What does AzevedoTech do?
AzevedoTech is a provider of enterprise software and services. The company was founded in 2014 by Thiago Azevedo and is headquartered in Austin, Texas. AzevedoTech provides enterprise software solutions for businesses of all sizes, from small businesses to large enterprises. The company offers a variety of enterprise software solutions, including enterprise resource planning (ERP), customer relationship management (CRM), and supply chain management (SCM) solutions. AzevedoTech also provides a variety of services, such as consulting, implementation, and training.
3. Why is this Series A funding important for AzevedoTech?
The AzevedoTech team is excited to announce that we have closed our Series A round of funding led by Austin-based startup accelerator, Techstars. This round of funding will allow us to continue building out our product offerings, expanding our team, and establishing ourselves as a leading provider of Internet of Things (IoT) solutions.
This Series A funding is important for AzevedoTech for a few reasons:
1. It will allow us to continue building out our product offerings.
We have a lot of great ideas for new IoT products and services, and this funding will allow us to bring those ideas to life. We’ll be able to continue expanding our product lineup and offering our customers even more ways to connect and automate their homes and businesses.
2. It will allow us to expand our team.
As we continue to grow, we’ll need to add more austinbased series azevedotechcrunch talented people to our team. This funding will allow us to do that, and we’re looking forward to bringing on some new team members who can help us take AzevedoTech to the next level.
3. It will help us establish ourselves as a leading provider of IoT solutions.
There are a lot of companies vying for a piece of the IoT pie, but we believe that AzevedoTech has what it takes to be a leader in this space. This funding will help us get the resources we need to prove that we’re a serious player in the IoT market.
We’re excited to see what the future holds austinbased series azevedotechcrunch for AzevedoTech, and we’re grateful to our investors for their support. With their help, we’ll be able to continue making the connected world a reality.
4. What are the next steps for AzevedoTech?
The next steps for AzevedoTech are to continue to grow and scale the business. This will involve continuing to build out the team, expanding the product offering, and increasing sales and marketing efforts. Additionally, the company plans to continue to invest in research and development to further improve the technology and products.