Arundo Analytics raises 25MUSD Series A funding to bring large-scale machine learning into asset-heavy industriesAlliance 2018-01-26T17:54:47+00:00
Arundo Analytics, a software company powering advanced analytics in heavy industry and Alliance Venture portfolio company, announced today an initial closing of 25 MUSD on its Series A financing round. To date, the company has raised over $32.5 million since its founding in 2015. “This investment is a validation of the product and market strategy our team pursued over the last two years,” said Tor Jakob Ramsøy, CEO of Arundo. See article.