Recogni

Recogni

Data storage and communication services provider

About

Recogni provides essential services for data storage and communication, primarily targeting businesses and organizations that need reliable and secure data management. Their services include storing user preferences to enhance user experience and personalizing content, which indicates a focus on improving client interactions. Additionally, Recogni utilizes stored data for statistical analysis, helping clients understand trends and make informed decisions while ensuring that all data is used anonymously to protect user privacy. Unlike many competitors, Recogni emphasizes a commitment to data protection and privacy in its operations. The company's goal is to facilitate smooth electronic communications and empower businesses with valuable insights through data analysis.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, Enterprise Software, Cybersecurity

Total Funding

$171.1M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The recent $102 million Series C funding round provides significant capital for advancing AI solutions and meeting market demand.
  • The appointment of industry veteran Kevin Johnson to the board brings valuable leadership and growth expertise to the company.
  • Recogni's innovative AI inference technology has the potential to revolutionize the automotive and AI industries, offering substantial growth opportunities.

What critics are saying

  • The high costs and energy demands associated with AI development could strain Recogni's financial resources.
  • The competitive landscape in AI and data storage sectors may pose challenges in maintaining market share.

What makes Recogni unique

  • Recogni's focus on AI inference technology for silicon and systems sets it apart from traditional data storage and communication companies.
  • The company's commitment to economic and environmental sustainability in AI development is a unique selling point in the tech industry.
  • Recogni's emphasis on user privacy and data protection, especially in anonymous statistical analysis, differentiates it from competitors who may not prioritize these aspects.

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Growth & Insights
Headcount

6 month growth

17%

1 year growth

38%

2 year growth

54%

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