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Pienso Raises $2.1 Million Bringing Machine Learning to Non-Programmers

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BROOKLYN, N.Y.--(BUSINESS WIRE)--Pienso, the leading machine learning platform for non-programmers, today announces the close of a $2.1 million seed round. Led by Eniac Ventures, with participation from SoftTech VC, Indicator Ventures, and E14 Fund, Pienso is focused on democratizing machine learning for domain experts who are non-programmers with no technical or data scientist experience. The funding allows the company to scale operations. "Investment by large enterprises in machine learning is rapidly accelerating as corporations spin up massive data lakes to garner insights into their business. However, it is costly, challenging to integrate and before now required data scientists on staff," said Vic Singh, general partner at Eniac.


Why AI Needs a Dose of Design Thinking

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Artificial intelligence technologies could reshape economies and societies, but more powerful algorithms do not automatically yield improved business or societal outcomes. Human-centered design thinking can help organizations get the most out of cognitive technologies. Today's artificial intelligence (AI) revolution has been made possible by the big data revolution. The machine learning algorithms researchers have been developing for decades, when cleverly applied to today's web-scale data sets, can yield surprisingly good forms of intelligence. For instance, the United States Postal Service has long used neural network models to automatically read handwritten zip code digits.