Axion Ray
Axion Ray Company Information
Axion Ray, a technology company, specializes in using artificial intelligence to automatically detect, investigate, and resolve quality issues in manufacturing processes. The company recently secured $17.5 million in Series A funding led by Bessemer Venture Partners. Axion Ray’s AI technology not only identifies issues as they emerge but also contextualizes them, enabling rapid countermeasures. This capability has led to a 16% reduction in warranty and service operational costs, a 30% increase in the speed of issue detection to countermeasure implementation, and a 27% decrease in downtime, thereby enhancing customer satisfaction. The company’s solutions are trusted by top quality, service, and engineering teams worldwide and allow for enhanced visibility and collaboration across different geographic regions and departments. Axion Ray prioritizes data security, hosting data in ISO 27001 certified centers and employing SOC 2 compliant practices, including AES-256 encryption for data at rest and TLS for secure connections. The company also integrates with leading identity management solutions to ensure secure access and conducts regular third-party security audits and penetration testing.