Nota raises $14.7M to adapt biometrics, AI models for edge applications

Nota, which provides technology to optimize AI models, announced that it has closed a $14.7 million Series B funding round. The company's technology is another important piece of the puzzle when it comes to helping resource-constrained edge devices run applications such as biometric identification. Participants in the funding round included Stonebridge Ventures, LB Investment, DS Asset, Intervest, and Company K Partners. The fresh funding comes roughly a year after Nota closed its Series A round with $6.7 million. Nota has raised a total of $23 million to date.