TOKYO and PALO ALTO, Calif. , May 8, 2024 - (JCN Newswire) - NEC X, the Silicon Valley-based innovation accelerator and venture studio backed by global IT leader NEC, today announced a new investment in Multitude Insights, the provider of a transformative AI-powered solution enabling greater collaboration and faster case resolution for law enforcement agencies and first responders.
In addition, Multitude Insights has joined NEC X’s Elev X! Boost program, which empowers ambitious startups on the brink of significant scaling with a unique and customizable blend of capital, strategic partnerships, and integrations with NEC’s expansive tech ecosystem.
"Matthew White and Akihiko Izu bring unique expertise into governmental and public sectors, leveraging their diverse backgrounds in military and legal fields," said Shintaro Matsumoto, President and CEO of NEC X. "Their deep understanding of the intricacies of law enforcement and public safety, combined with NEC’s technological strengths, positions us to drive significant and meaningful innovation together. We’re fully committed to supporting their success."
"Our collaboration with NEC X is more than just an investment; it’s a robust partnership and unique opportunity to leverage leading tech innovation and resources to enhance public safety," said Matthew White, Co-founder and CEO of Multitude Insights. "We look forward to a productive and enduring partnership with NEC as we continue to grow."
Founded by MIT and Harvard alumni, new windowMatthew White, a former Naval officer and ethics leader, and new windowAkihiko Izu, an experienced Japanese lawyer and human rights advocate, Multitude Insights has developed the Bulletin (BLTN) platform, which utilizes AI and natural language processing (NLP) to intelligently monitor and analyze data across jurisdictions in real-time. This enables law enforcement agencies to effortlessly share information and collaborate through a unified intelligence network from anywhere in the United States. The platform addresses the critical – and time sensitive – challenges of information sharing and fragmented data that U.S. police departments face by facilitating the search and analysis of related crimes and enabling seamless communication across agencies after completing the necessary procedures.
The use of BLTN results in more accurate information, improved collaboration, and more efficient and successful case resolutions.
"Joining Elev X! Boost and collaborating with NEC is an ideal opportunity for any tech startup ready to scale, especially with their strength and proven success in the public safety sector," said Akihiko Izu, Co-founder and COO of Multitude Insights. "NEC's invaluable expertise will significantly enhance our efforts as we jointly strive to advance innovation for the improvement of community safety."
"We are delighted to welcome Multitude Insights into NEC X's portfolio. Their pioneering approach to solving the complex issue of fragmented data in law enforcement perfectly complements NEC’s commitment to social value, creative vision, and technological prowess," said Eugene Le Roux, SVP, Digital Government, NEC Corporation of America. "BLTN has the potential to revolutionize not only local police departments, but also law enforcement on a global scale."
To learn more about the Elev X! Program, please visit: new windowhttps://elev-x.com.
About NEC X
NEC X, Inc. is more than just an incubator, accelerator or venture studio; it’s an innovation powerhouse backed by the global technology leadership of NEC. With nearly 125 years of IT and network technologies expertise, NEC X turns visionary ideas into commercial successes that revolutionize how we work and live.
Located within the vibrant Silicon Valley ecosystem, NEC X’s programs – Elev X! Ignite and Elev X! Boost – equip early-stage startup founders with the tools to fast-track their tech development and adoption. The organization fuels startup success from inception to launch, offering unparalleled access to over 45,000 patents, 1,000 mentors and seasoned advisors, a network of industry partners, reach into 55+ international markets, and an $8 billion R&D ecosystem. Since its inception in 2018, NEC X has helped launch and grow more than 100 startups.
For more information, visit https://nec-x.com and new windowhttps://www.elev-x.com.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.