Visual Intelligence Startup TRACE Closes Oversubscribed $2.5MM Seed Round to Create Autonomous Tracking Action Cameras

Visual Intelligence Startup TRACE Closes Oversubscribed $2.5MM Seed Round to Create Autonomous Tracking Action Cameras

VENICE, CALIFORNIA — (Marketwired) — 12/16/14 — , developer of The TRACEr1 – a visually intelligent camera capable of following its owner almost anywhere and live-streaming captured footage to the web – announced today, the close of its oversubscribed seed round with a raise of $2.5 million.The round was led by the principles of Salman Partners with participation coming from various private sources within the Network.Using proprietary video-as-a-sensor technology, The TRACEr1 has been desig