artificial intelligence startup score million
Austin artificial intelligence startup scores millions to grow
Austin startup CognitiveScale has raised 21.8 million to ramp up sales and marketing of its artificial intelligence technology. The company, founded by members of the IBM Watson team, received the funding from Norwest Venture Partners and Intel Capital. It has raised a total of 32 million since inception. CognitiveScale has created a cloud platform that can mine huge databases and use natural language to present data in an easy to understand format. The platform can be plugged into a company's website and extracts insights from the company's existing data.