On April 17, 2018, Pixelligent Technologies, LLC closed the deal. The company has received $7.6 million in its round of funding. The transaction was led by The Abell Foundation, Inc., Endowment Arm and included participation from Propel Baltimore Fund, Propel Baltimore Fund II, L.P., funds co-managed by TEDCO Capital Partners and France-Merrick Foundation, Endowment Arm, Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) for $2 million and Kateeva, Inc, and included participation from 24 investors.