Visual intelligence startup TRACE raises $2.5 mln in seed financing

Visual intelligence platform TRACE Live Network has secured $2.5 million in seed-stage funding. The round was led by principals of Canadian investment dealer Salman Partners and was joined by private investors in the network of Business Instincts Group, which created the company. Based in Venice, California and Calgary, Alberta, TRACE is the developer of TRACEr1, a visually intelligent camera that facilitates video capture and live streaming. The startup's founders include CEO Cameron Chell and CTO Paul Beard. TRACEr1 is expected to see retail availability in late 2015. A Canadian serial entrepreneur, Cameron Chell has contributed feature articles to peHUB Canada.

16 December 2014•3 mins read
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