Thursday, April 25

Tag: Machinify

Top Five Funding of the Week (8th Oct – 13th Oct)
FUNDING

Top Five Funding of the Week (8th Oct – 13th Oct)

This week saw various companies all across the globe raising funds for various purposes. Many of the well-known companies participated in the fundraising process and some also led the funding rounds. Funding, these days, has become a very important part of business and especially in case of startups. Let’s talk about the funding activities that took place this week. This week was quite active in terms of funding activities and the company that secured the largest amount of funds was Once Upon a Farm which is a US based startup that sells organic, cold-pressed baby food. The company raised $20 million from CAVU Venture Partners. Let us know more about the funding rounds and have a look at the top 5 funding activities of the week.     1. ONCE UPON A FARM   ...
AI Firm Machinify Raises $10 Million in Series A Round
FUNDING

AI Firm Machinify Raises $10 Million in Series A Round

Artificial intelligence company Machinify has reportedly raised funds amounting to $10 million in Series A funding round. The round was led by Battery Ventures with participation from GV and Matrix Partners. Through Machinify, the companies feed the system raw data, specify what they’re trying to optimize for. Based on past decisions, the machine can figure out the right thing to do. “Our core notion is that today, enterprises are collecting a ton of data,” Machinify founder and CEO Prasanna Ganesan stated. “But if you look at how many of them are successful in turning it into smarter decision-making to drive efficiency, very few companies are succeeding.” Machinify is laser-focused on the critical operational issues created by the deployment of what we often call Software 2.0 within ...