Private equity firm Trive Capital has acquired Hypergiant Industries, in a deal that will furnish the Texas-based AI company with capital to “build even faster,” Hypergiant CEO Mike Betzer told TechCrunch in a recent interview. The terms of the deal were not disclosed.
Hypergiant’s core product is called CommandCenter, a geospatial data visualization platform designed to inform real-time decision-making. It does so by integrating many different sources of data and providing recommendations on the best course of action to the end user, whether that be whether to reposition a satellite or launch a missile.
That doesn’t mean Hypergiant does analytics. Instead, CommandCenter uses artificial intelligence to generate real-time threat analysis and make recommendations, including by providing context like the probability of success or even whether a given decision would generate collateral...
