Veea - About the company
Veea is an acquired company based in New York City (United States), founded in 2014 by Michael Salmasi. It operates as an Edge AI platform provider enabling secure, intelligent, and connected solutions. Veea has raised $40M in funding. The company has 160 active competitors, including 13 funded and 4 that have exited. Its top competitors include companies like Blaize, Axelera AI and Armada.
Company Details
Edge AI platform provider enabling secure, intelligent, and connected solutions. The company offers a hyperconverged platform unifying connectivity, compute, security, and AI at the edge. It empowers businesses to automate infrastructure, enable smart spaces, and accelerate outcomes. Their solutions cater to network operators, ISPs, and various industries, delivering secure networking, rapid-deploy broadband, and smart edge capabilities. The platform supports AI-driven cybersecurity, managed Wi-Fi, IoT services, and advanced use cases like construction safety and smart buildings. It features effortless device connectivity, virtualized Linux environment, AI inferencing, and cloud management. The company provides a full-stack platform for heterogeneity, application & network meshing, and real-time data processing. Their technology bridges the digital divide, enables tele-education, tele-medicine, and brings connectivity to remote communities. The platform offers a comprehensive solution for demanding AI workloads, enabling contextual AI inferencing, distributed federated learning, and multimodal agentic AI with complete privacy at the edge.
- Website
- www.veea.com/
- Email ID
- *****@veea.com
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$40M in 2 rounds
Latest Funding Round
Ranked
4th among 160 active competitors
Employee Count
63 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Crowdkeep (May 15, 2025)
Veea's acquisition details
Veea got acquired by Crowdkeep on May 15, 2025.
Click here to take a look at Veea's acquisition in detail
Sign up to download Veea's company profile
Veea's funding and investors
Veea has raised a total funding of $40M over 2 rounds. Its first funding round was on Jul 26, 2023.
Here is the list of recent funding rounds of Veea:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 02, 2023 | 9619327 | Conventional Debt | 7506345 | 7044180 | 8783212 | 7774410 |
Jul 26, 2023 | 7224635 | Seed | 9472801 | 4337082 | 6771814 | 3302732 |
View details of Veea's funding rounds and investors
Veea's founders and board of directors
Founder? Claim ProfileThe founders of Veea is Michael Salmasi. Michael Salmasi is the CEO of Veea.
Here are the details of Veea's key team members:
- Michael Salmasi: CEO & Founder of Veea.
View details of Veea's Founder profiles and Board Members
Veea's employee count trend
Veea has 63 employees as of Aug 26. Here is Veea's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Veea's Competitors and alternates
Top competitors of Veea include Blaize, Axelera AI and Armada. Here is the list of Top 10 competitors of Veea, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blaize 2010, El Dorado Hills (United States), Public | Developer of hardware and software solutions optimizing artificial intelligence applications | $136M | 76/100 | |
2nd | Axelera AI 2021, Eindhoven (Netherlands), Series C | Manufacturer of hardware accelerators and software for artificial intelligence inference | $450M | 64/100 | |
3rd | Armada 2016, Boston (United States), Series B | Provider of edge platform combining connectivity, compute, and real-world AI | $457M | 64/100 | |
4th | Veea 2014, New York City (United States), Acquired | Edge AI platform provider enabling secure, intelligent, and connected solutions | $40M | - | 62/100 |
5th | Developer of artificial intelligence silicon hardware and software inference engines | $9.27M | 58/100 | ||
6th | IOTech 2010, Newcastle Upon Tyne (United Kingdom), Series B | Developer of open edge data platform for industrial edge solutions | $20.8M | 56/100 | |
7th | EnCharge 2022, Santa Clara (United States), Series B | Developer of hardware and software for edge-to-cloud artificial intelligence compute | $144M | 51/100 | |
8th | Infrastructure for IoT based device management | - | 48/100 | ||
9th | EdgeIQ 2012, Boston (United States), Series A | Provider of device management, orchestration, and observability solutions for businesses | $9.36M | 45/100 | |
10th | Premio Inc 1989, Los Angeles (United States), Unfunded | Manufacturer of storage servers | - | - | 44/100 |
Looking for more details on Veea's competitors? Click here to see the top ones
Veea's Investments and acquisitions
Veea has acquired Virtuosys. Veea has not made any investments as of now.Reports related to Veea
Here is the latest report on Veea's sector:
News related to Veea
Media has covered Veea for a total of 24 events in the last 1 year, 14 of them have been about company updates and 4 about partnerships.
•
Veea Inc. and NovaGen Announce Merger Plans to Develop Global Edge AI Health PlatformGlobeNewswire•Sep 15, 2026•Veea
•
Veea and Telarus Sign Technology Services Distribution AgreementGlobeNewswire•Aug 27, 2026•Telarus, Veea
•
•
Veea and Totalplay Advance Commercial Plans for Secure, AI-Powered Business Services in MexicoGlobeNewswire•Aug 26, 2026•Contpaq I, Veea
•
•
•
Veea Begins Generating Revenue from SecureConnect Sales Through Telcel's Internet Gestionado ServiceGlobeNewswire•Jul 15, 2026•Contpaq I, Veea, Telcel
•
•
Kayan Project and Veea Inc. Announce US-Regulated ATS Listing for $KYN Token Targeted for August 3, 2026GlobeNewswire•Jul 07, 2026•Veea
•
Veea and TROLLEE push autonomous retail with AI carts and robotsStocktitan•Jun 23, 2026•Veea, TROLLEE
Are you a Founder ?
FAQs about Veea
Explore our recently published companies
- Parbhani Agrotech Developed - India based, Unfunded company
- Klingtech - Norway based, 2024 founded, Unfunded company
- Shangari Motors - Amritsar based, 2012 founded, Unfunded company
- 1Stop Contractors - San Diego based, Unfunded company
- Big Apple Sprinkler - Woodside based, Unfunded company
- Ausfarmnutrition - Unfunded company