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Artificial Intelligence Intelligent Systems Machine Learning Manufacturing North America Service Industry

DeepHow Raises $9M Pre-Series A Funding to Bridge the Skills Gap in the Manufacturing, Service, and Construction Industries

– DeepHow, the AI company that turns technical know-how into smart, how-to training videos, has closed $9M in pre-Series A funding.
Sierra Ventures, a specialist in early-stage VC funding, led the round with participation by Osage Venture Partners, Qualcomm Ventures LLC, and pre-seed investor Foothill Ventures.
– The company will use this additional funding to solidify its technical lead, accelerate its market expansion in Asia, and fuel its enterprise sales and marketing initiatives.

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Artificial Intelligence Intelligent Systems Machine Learning Marketing North America Predictive Analytics Sales Software

People.ai Collects $100M in Series D

– People.ai, a revenue operations and intelligence platform, announced $100m in Series D funding at a $1.1b post-money valuation.
– The round was co-led by Mike Dinsdale of Akkadian Ventures and Abdulla AlBanna of Mubadala Capital, with participation from existing investors including ICONIQ Capital and Lightspeed Venture Partners.
– People.ai’s patented AI technology, transforms business activity such as email, meetings, and contacts, into account and opportunity management solutions that increase sales rep productivity, accelerates revenue growth, and maximizes marketing ROI.

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Artificial Intelligence Big Data Computer Enterprise Software Intelligent Systems Internet Machine Learning Natural Language Processing Software South Asia

Conversational AI Leader Senseforth.ai Raises $14 Million from Fractal

– Senseforth.ai announced a $14m investment from Fractal, a global provider of AI and analytics solutions to Fortune 500 companies.
– This investment will help Senseforth.ai scale and expand its footprint across Fractal’s clients globally.
– This investment also strengthens Fractal‘s conversational AI offerings as it advances on its mission to power every human decision in the enterprise.

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Artificial Intelligence Computer Information Technology Intelligent Systems Machine Learning North America Software

Vianai Systems raises additional $140M to build upon strong customer adoption

– Vianai Systems, a Human-Centered AI platform and products company, announced that it has raised $140M in a Series B financing from SoftBank Vision Fund 2 and several industry luminaries.
– Vianai will use the new capital to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide.
– For many enterprises, AI has not lived up to its hype. AI’s true potential originates from the ability to put humans at the center of technological solutions.
– Vianai’s pioneering human-centered AI approach amplifies human judgment thus empowering domain experts with AI tools to deliver powerful business value.
– Vianai has already delivered successful business outcomes to numerous world-leading enterprises.

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Cyber Security Enterprise Software Insurance Intelligent Systems North America Software Test and Measurement

UpGuard Raises $19M in Series B-1 Funding

– UpGuard is a third-party risk and attack surface management platform.
– Company raised $19m in Series B-1 funding.
– The round was led by IAG Firemark Ventures, the corporate venture capital unit of IAG, the largest general insurer in Australia, Pelion Venture Partners, Square Peg Capital and August Capital.
– The new investment will be used to accelerate the company’s product development and global expansion.

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Artificial Intelligence Intelligent Systems Machine Learning North America SaaS

Ada: $130 Million Funding And $1.2 Billion Valuation

– Ada Support is a chat bot startup.
– The company raised $130m in funding at a $1.2bn valuation.
Spark Capital led the round of funding with participation from Tiger Global Management and existing investors including Bessemer Venture Partners, Accel, and FirstMark Capital.
– Ada’s clients include Facebook and Zoom Video.

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Analytics Artificial Intelligence Business Intelligence Intelligent Systems Machine Learning North America Predictive Analytics

Tellius Raises $8 Million to Close the Data Insights Gap with AI-Driven Decision Intelligence

– Tellius, the AI-driven decision intelligence platform, announced an $8m Series A funding round led by Sands Capital Ventures with participation from Grotech Ventures—bringing the company’s total fundraising to-date to $17m.
– The funds will be used to expand the company’s platform capabilities and support its mission of helping organizations get from data to decisions faster with intelligent automation.
– There is currently a massive insights gap caused by silos between business intelligence (BI) dashboards and machine learning (ML) and AI tools that is preventing organizations from capturing new business opportunities hidden in their data.
– Businesses need to move beyond dashboards to acquire a new level of data intelligence to understand the reasons why metrics change and uncover granular insights that inform the best actions to take.

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Accounting Apps Computer Vision Construction Developer APIs Enterprise Software Intelligent Systems Mobile Apps North America SaaS Small and Medium Businesses

Veryfi Raises $12M in Series A Financing

– Veryfi from San Mateo develops a data transformation platform for the enterprise and technology corporations.
– Series A $12M round was led by NewView Capital with participation from TI Platform Management and existing investor Act One Ventures.
– The new investment will be used to expand operations and business reach.

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Artificial Intelligence Industrial Intelligent Systems Marine Transportation North Africa and the Middle East Public Safety Shipping

Orca AI, which puts computer vision onto cargo ships, raises $13M Series A funding

– Israeli startup Orca AI raised $13m in Series A funding.
– The round was led by OCV Partners, with principal Zohar Loshitzer joining Orca AI’s board.
Mizmaa Ventures and Playfair Capital also participated.
– The company was founded by naval technology experts Yarden Gross and Dor Raviv.
– The latter is a former Israel navy computer vision expert.
– Customers include Kirby, Ray Car Carriers and NYK.
– Orca AI’s AI-based navigation and vessel tracking system supports ships in difficult to tricky to navigate situations and congested waterways, using vision sensors, thermal and low-light cameras, plus algorithms that look at the environment and alert crews to dangerous situations.

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Artificial Intelligence Call Center Customer Service Intelligent Systems Machine Learning Natural Language Processing North America Software

Cresta, which uses AI to mentor customer service agents in real time, raises $50M

– Cresta, an AI-powered platform that offers real-time support to help customer service agents respond to inquiries on calls or in chats, has raised $50 million in a series B round of funding.
– The company’s latest investment, which was led by Sequoia Capital, with participation from Greylock Partners, Andreessen Horowitz, Allen & Company, and Porsche Ventures, comes after a year of growth that saw its revenues quadruple.
– It’s difficult to read too much into any first-year revenue growth metrics, but it’s clear that companies are hankering for technology that helps them optimize their customer-facing operations.
– Contact centers have proven fertile ground for AI, with a slew of companies emerging to offer their own take on how automation can improve companies’ interactions with their customers.

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Home Health Care Intelligent Systems Motion Capture North America Security Sensor Smart Home

Origin Wireless Secures $14M Funding

– Origin Wireless, a developer of a wide range of Wi-Fi smart home, health, well-being, and indoor tracking applications with high performance, low cost, and ease of use, announced it has closed its recent financing round and raised a total of $14m.
– The company received funding from key investors and partners including Verizon Ventures and Alarm.com.

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Analytics Artificial Intelligence Big Data Business Intelligence Data Integration Europe Intelligent Systems Machine Learning Predictive Analytics SaaS Software

Peak Raises $21M in Series B Funding

– Peak is a Manchester, UK-based Artificial Intelligence (AI) company.
– The company raised $21m in Series B funding.
– The round was led by Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete.
– The new investment will be used to accelerate global expansion, with new offices opening in both the USA and India, as well as continued R&D investment. As a result, Peak is planning to create 130 new jobs globally in the coming year.

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Collaboration Enterprise Applications Enterprise Software Industrial Automation Intelligent Systems Internet Logistics North America Software Supply Chain Management

Slync.io Raises $60M Series B Funding

– Slync.io from Dallas develops a logistics operating process and system orchestration platform for global logistics providers and shippers.
– Series B $60m round led by Goldman Sachs Growth with participation from ACME Ventures, 235 Capital Partners, Correlation Ventures and other existing investors.
– The new investment will be aimed at expanding the company’s business reach in Europe and Asia.
– Goldman Sachs’ John Giannuzzi will also join Slync’s board of directors.

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