Week Ending 02.03.19

 

ROVER180 ACQUIRES VEMITY
CONTENTSQUARE RAISES USD 60M
SLYNC HIRES CHIEF STRATEGY OFFICER
AND MORE ↓

 
ai-finance.png
 

EYE ON A.I. GETS READERS UP TO DATE ON THE LATEST FUNDING NEWS AND RELATED ISSUES. SUBSCRIBE FOR THE WEEKLY NEWSLETTER.


MERGERS AND ACQUISITIONS

Rover180, the Indianapolis, Indiana-based supply chain financing company, said it acquired AI-firm Vemity. Terms weren’t disclosed.

Sonasoft, the San Jose, California-based AI company, said it is acquiring Hotify, which makes AI software.


FILINGS

No S-1 or F-1s were filed.


FUNDING

Contentsquare, the New York City-based software company using AI, said it raised USD 60m in a Series C led by Eurazeo.

Pilops, the Ramat Gan, Israel-based data storage company using AI, said it raised USD 30m in a Series B led by Softbank’s venture capital unit.

Augury, the New York City-based healthcare services company using AI, said it raised USD 25m in a Series C led by Insight Venture Partners.

Other deals include Mimiro and AirWorks.


LEGAL & REGULATORY

Sogou, the Beijing, China-based search engine, was sued, in part, for its attempts to implement AI.


PEOPLE

Slync, the San Francisco, California-based logistics services company using AI, said it hired Thomas Wrobleski as chief strategy officer.

Zoom Information, the Waltham, Massachusetts-based data company using AI, said it promoted Seth Low to chief information officer. The company also plans to hire a chief information security officer in the second quarter and a chief data officer in the second half.


EYE ON A.I. GETS READERS UP TO DATE ON THE LATEST FUNDING NEWS AND RELATED ISSUES. SUBSCRIBE FOR THE WEEKLY NEWSLETTER.