Developer of an AI platform designed to empower enterprises to build and deploy intelligent systems. The company's platform aims to simplify programming of control and optimization by completely automating the management of complex machine learning libraries and algorithms, enabling enterprises to program AI models that improve system control and enhance real-time decision support easily.
Generating Revenue
Privately Held (backing)
Formerly VC-backed
The company was acquired by Microsoft (NAS: MSFT) for an undisclosed amount on July 6, 2018. Earlier, the company raised $7.6 million of Series A2 venture funding in a deal led by M12 and New Enterprise Associates on April 13, 2017, putting the company's pre-money valuation at $22.8 million. Siemens, ABB Technology Ventures, Next47, Samsung NEXT Ventures and Service Provider Capital also participated in the round.
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