empower business
H2O.ai Secures $72.5M Series D To Empower Businesses To Take On 'Big Tech'
H2O.ai, which is on a mission to "democratize" artificial intelligence for not just enterprises, but for "everyone," announced this morning a $72.5 million Series D. This round nearly doubles the amount the company had raised in previous financings combined over its lifetime. Goldman Sachs and the Ping An Global Voyager Fund out of China led the round, which also included participation from existing backers Wells Fargo, NVIDIA GPU Ventures and Nexus Venture Partners. As part of the financing, Jade Mandel, vice president of Goldman Sachs' principal strategic investments group, will be joining H2O.ai's board. The round brings H2O.ai's total raised since it was founded in 2012 to nearly $147 million. Wells Fargo and NVIDIA GPU Ventures led its $40 million Series C in November 2017.
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