Toronto is Canada's largest city and also a continental technology hub. It is home to a few of the top start-ups in Canada as well as North America. The capital city of Ontario is also an international business center with a thriving start-up ecosystem. NexTech AR Solutions, one of the top start-up businesses in Toronto, develops Augmented Reality advertising platforms that engage customers by connecting them with brands and their retail locations. The tech company pursues operations in four verticals -- Virtual Conference Platform, 3D/AR Advertising Platform, SaaS Platform for eCommerce, and ARitize Hollywood Studios.

Right now, Artificial Intelligence is the massive technological boom that redefines the way we think, the way we live and do business. Having no geographical boundaries, ai tech almost guarantees success for all aspiring startups. Is it so, and what makes top AI companies so successful? Let's analyze the current state of market today and find an answer. If you want to stay on top of things concerning AI technology today just take a look at the most recent state reports from the AI Now Institute at New York University and the annual AI Index from the Palo Alto initiative group.

The year 2019 has started with some great support from the VC community. Not even two months down the lane, Indian AI and data companies are already celebrating the large funding from investors. A few days ago, we covered an article on how Rubrik turned into the fastest and youngest unicorn startup with the most recent round of funding it witnessed. But it turns out that Rubrik is not the only startup that has witnessed large funding. There is a slew of AI and analytics companies/startups that have joined the bandwagon, indicating that 2019 may be one of the best times for analytics startups to strive.

Last quarter we saw that Artificial Intelligence (AI) funding grew exponentially in 2017. This quarter we are going one level deeper on our AI research platform to examine its funding by round. From our analysis we can conclude that the AI sector is maturing. We'll explain these takeaways with some graphics that show AI funding activity by round. To help set the stage, the graphic below illustrates AI funding amount over time.

About Enspektos and the Digital Health Maven Project Enspektos Enspektos (enspektos.com) is a globally respected innovation consultancy delivering health-focused original research, unique technologies and non- obvious insights to executives, entrepreneurs, governments and others.