Princeton, NJ - CerebrumX, a leading AI-powered data management platform provider, has announced that it has raised an undisclosed amount of funding from BlackBerry, a renowned technology company that delivers trusted solutions for secure communication and collaboration.
The funding will be used to further develop CerebrumX's Augmented Deep Learning Platform (ADLP) and expand the company's reach in the IT services and IT consulting industry. This funding marks a significant milestone in the company's growth trajectory and will help CerebrumX solidify its position as a trusted and neutral source of data-based insights for the automotive industry.
CerebrumX's proprietary ADLP platform enables the activation of connected vehicle data that is yet unutilized to any significant level due to the absence of the right Automotive Ecosystem. ADLP unlocks the true power of connected vehicle data from millions of connected vehicles in real time, generating AI-driven insights that support business innovation.
"We are thrilled to have BlackBerry as our investor," said Sandip Ranjhan, Founder of CerebrumX. "With their extensive experience in secure communication and collaboration, we are confident that this partnership will help us to drive innovation in the automotive industry and beyond."