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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.
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Email ID
*****@veea.com
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$40M in 2 rounds
Ranked
Employee Count
63 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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
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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
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Veea's founders and board of directors

Founder? Claim Profile
The founders of Veea is Michael Salmasi. Michael Salmasi is the CEO of Veea.
Here are the details of Veea's key team members:

Veea's employee count trend

Veea has 63 employees as of Aug 26. Here is Veea's employee count trend over the years:
Employee count trend for Veea
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Blaize
Blaize
2010, El Dorado Hills (United States), Public
Developer of hardware and software solutions optimizing artificial intelligence applications
$136M
76/100
2nd
Logo for Axelera AI
Axelera AI
2021, Eindhoven (Netherlands), Series C
Manufacturer of hardware accelerators and software for artificial intelligence inference
$450M
64/100
3rd
Logo for Armada
Armada
2016, Boston (United States), Series B
Provider of edge platform combining connectivity, compute, and real-world AI
$457M
64/100
4th
Logo for Veea
Veea
2014, New York City (United States), Acquired
Edge AI platform provider enabling secure, intelligent, and connected solutions
$40M
-
62/100
5th
Logo for SandLogic
SandLogic
2018, Bengaluru (India), Seed
Developer of artificial intelligence silicon hardware and software inference engines
$9.27M
58/100
6th
Logo for IOTech
IOTech
2010, Newcastle Upon Tyne (United Kingdom), Series B
Developer of open edge data platform for industrial edge solutions
$20.8M
56/100
7th
Logo for EnCharge
EnCharge
2022, Santa Clara (United States), Series B
Developer of hardware and software for edge-to-cloud artificial intelligence compute
$144M
51/100
8th
Logo for Eurotech
Eurotech
1992, Udine (Italy), Public
Infrastructure for IoT based device management
-
48/100
9th
Logo for EdgeIQ
EdgeIQ
2012, Boston (United States), Series A
Provider of device management, orchestration, and observability solutions for businesses
$9.36M
45/100
10th
Logo for Premio Inc
Premio Inc
1989, Los Angeles (United States), Unfunded
Manufacturer of storage servers
-
-
44/100
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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

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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. Announces Reverse Stock SplitGlobeNewswire•Aug 27, 2026•Veea
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