Seedfunders invests in Florida company with gunfire detection technology

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    AVidea Group Inc., with technology that alerts authorities within seconds of a gun being fired, has won financial backing from Seedfunders.

    The St. Petersburg-based investment group has committed $350,000 to AVidea, said David Chitester, Seedfunders CEO.

    It’s the sixth investment this year for Seedfunders, Chitester said.

    Amid an increasing number of  mass shootings at schools and other public places, the investment is timely, he added. “Today unfortunately we have to consider investing in these types of companies. We’d rather invest in prevention, but this is the next best thing.”