Swim.ai’s core product, SWIM EDX, combines local data processing and analytics with on-device machine learning, training models at the edge and building digital twins of connected devices. The company emphasizes low-latency, peer-to-peer insight sharing and data reduction to support real-time applications that can’t rely on cloud round-trips. Swim.ai targets manufacturers, service providers and smart‑city solutions and has disclosed customers including the City of Palo Alto and Itron. The company plans to use the new funding to open an R&D center in Cambridge, UK, expand its product development team, and grow sales and marketing to address new verticals and geographies. Swim.ai’s CEO and co-founder is Rusty Cumpston. The company has now raised about $18 million in total.

Total raised

$10M

Funding rounds

1

Latest round

Series B

Latest activity

Jul 2018