ASI Completes $325 Million Series C Funding at a $3 Billion Valuation
AI infrastructure management software company ASI has completed a $325 million Series C funding round at a $3 billion valuation, led by Spark Capital with participation from Citadel Securities, Andreessen Horowitz and others. ASI, formerly known as Air Space Intelligence, builds models that simulate physical reality for the aviation, defense and energy industries, with customers including the FAA, United Airlines, Delta Air Lines, the U.S. Army and National Grid USA. In June of this year, ASI signed an $875 million multi-year contract with the FAA; its software was deployed last month at Washington Dulles International Airport and is planned to expand to major U.S. airports.
AI infrastructure management software company ASI has completed a $325 million Series C funding round at a $3 billion valuation, led by Spark Capital with participation from Citadel Securities, Andreessen Horowitz and others. ASI, formerly known as Air Space Intelligence, builds models that simulate physical reality for the aviation, defense and energy industries, with customers including the FAA, United Airlines, Delta Air Lines, the U.S. Army and National Grid USA. In June of this year, ASI si
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