Artifical Intelligence Startup Source(d) Raises 6M

Source(d), a Madrid, Spain-based startup that uses artifical intelligence to identify the most suitable developers for respective jobs, raised 6m in funding. Backers included Xavier Niel, Otium Venture and Sunstone Capital. The company intends to use the funds for commercial expansion in Europe and the United States and continued improvement of the artificial intelligence algorithms. Founded in March of 2015 by CEO Eiso Kant, Jorge Schnura and Philip von Have, source{d} develops deep learning (artificial intelligence) algorithms to identify, qualify and present developers to companies, by analyzing their code. By basing their approach on technical understanding, the process guarantees that the needs of their clients are met and the developers fit better with their technical challenge.