According to filings with the U.S. Securities and Exchange Commission, Aspinity is raising up to $5,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Richard Hegberg played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Aspinity
Aspinity is revolutionizing the design of battery operated, always on sensing devices. The companys unique analog machine learning processor introduces a completely new, bio inspired approach to always on sensing that improves battery life by 10x by eliminating the power wasting processing of irrelevant data. Headquartered in Pittsburgh, Aspinity delivers the power and data efficient solution required for the next generation of portable always on devices for IoT, smart home, consumer, industrial, and medical applications such as voice/sound wake up, industrial machine health monitoring, and wearable health monitoring.

To learn more about Aspinity, visit http://www.aspinity.com/

Contact:
Richard Hegberg, Chief Executive Officer
949-291-5057
https://www.linkedin.com/in/richard-hegberg-ba627a63/

SOURCE: http://www.intelligence360.io
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