Analyst Picks
- Devsupport AI (2017, Bangalore) – AI enabled programmer bot for API integration
Market: Artificial Intelligence > Applications > Enterprise > Development & Testing - Soul Machines (2016, Auckland, $7.5M) – Develops AI-enabled 3D virtual avatars
Market: Artificial Intelligence > Applications > Enterprise > Customer Service > Virtual Agents - Percily (2016, Noida) – AI-based platform to summarize, tag and search enterprise documents
Market: Artificial Intelligence > Applications > Enterprise > BI & Analytics > Business Intelligence > Text Analytics - Uncountable (2016, Sunnyvale) – Provides AI-enabled platform for material formulation
Market: Artificial Intelligence > Applications > Industry > Manufacturing & Inspection > Materials Informatics - Kneron (2015, San Diego, $10M) – Provides hardware and software solution for edge AI applications
Market: Artificial Intelligence > Infrastructure > Enabling Technologies > Hardware > Processors
Funding Rounds
Series C, $460M
Megvii (2011, Beijing, $605M) – Facial recognition technology
Investors: Ant Financial, Foxconn Electronics
Series B, $220M
WeLab (2013, Hong Kong, $400M) – Alternate lending solutions for consumers
Investors: Alibaba Entrepreneurs Fund, IFC, CCB International, Credit Suisse
Series B, $75.4M
CloudWalk (2015, Beijing, $75.4M) – Facial and image recognition technology developer
Investors: Shunwei Capital, Oriza Holdings, Puhua Capital, Yuexiu Fund, Prosperous Investment, Jiandu Technology Co
Series C, $67.7M
DataRobot (2012, Boston, $125.1M) – Automated machine learning platform for data science applications
Investors: New Enterprise Associates
Series C, $55M
tuSimple (2014, Beijing, $55M) – AI based image recognition tool
Investors: Sina
Series C, $50M
Graphcore (2016, Bristol, $110M) – Machine learning processor for accelerating AI processing
Investors: Sequoia Capital, Atomico, Demis Hassabis, Amadeus Capital, C4 Ventures, Draper Esprit, Foundation Capital, Pitango Venture Capital, Robert Bosch Venture Capital, Dell, Samsung Catalyst Fund
Series A, $46.5M
Ada (2011, Berlin, $46.5M) – AI-driven healthcare app
Investors: Access Industries, June Fund, Cumberland VC, William Tunstall-Pedoe
Series C, $35M
Globality (2015, Menlo Park, $72.3M) – Artificial Intelligence with Domain Expertise
Investors: Raine Group
Series B, $30M
Arterys (2012, San Francisco, $42M) – SaaS analytics platform for Medical Image Analysis
Investors: Temasek, Northwell, NewYork-Presbyterian, GE Ventures, Varian Medical Systems, DNA Capital, Emergent Medical Partners
Series D, $30M
Instart Logic (2010, Mountain View, $170M) – Software defined application delivery
Investors: ST Telemedia
Series E, $25M
Recorded Future (2009, Somerville, $57M) – Real-time threat intelligence from the entire web
Investors: Insight Venture Partners
Series C, $23M
Logz.io (2014, Tel Aviv, $47M) – Enterprise grade ELK as a service
Investors: OpenView, 83North, Vintage Investment Partners, Giza Venture Capital
Series B, $22M
TrueAccord (2013, San Francisco, $27.3M) – Behaviorial Analytics based debt recovery solutions.
Investors: Arbor Ventures, Nyca, Assurant, Felicis Ventures, TenOneTen, undefined, Caffeinated Capital
Post IPO, $21.5M
BrainChip (2013, California) – Develops hardware system based on spiking neural network (SNN) technology
Series A, $20M
Behavox (2014, London, $21.6M) – Employee surveillance system
Investors: Citigroup, Index Ventures
M&A
- Delphi Closes Acquisition of nuTonomy PR Newswire
- Imagia Completes Acquisition of Cadens Medical Imaging PR Newswire
- Ford’s Argo AI buys VC-backed LiDAR startup Princeton Lightwave PE Hub
- Giaran Acquired by Shiseido Americas VentureFizz
- Cisco to acquire Perspica and merge it into its previous acquisition AppDynamics StartUP 360
- Workday acquires the team behind Pattern Techs Cloud
- Alternative Credit Scorers Lenddo, Entrepreneurial Finance Lab (EFL) Merge MicroCapital
- DIY Robotic Toy Maker Dash Robotics Acquires Bots Alive to Improve Life-Like Nature of its Products Disruptor Daily
IPO
- China’s SenseTime plans IPO, U.S. R&D center as early as 2018 Reuters
- Credit Suisse, Li Ka-Shing-backed WeLab said to plan $500m IPO Deal Street Asia
Fund Raising Funds
- China’s CDH, SenseTime raising about $450 million AI fund Reuters
New Product Announcement
- Alphabet Inc’s Waymo working on self-driving trucks btvi.in
- Salesforce Introduces myEinstein, Empowering Everyone to Build Custom AI-Powered Apps PR Newswire
- NAVYA Unveils First Fully Autonomous Taxi Business Wire
- Xilinx Single-Chip Solution with On-Chip Redundancy for Functional Safety Speeds Up IEC 61508 Certification and Reduces Systems Development Cost PR Newswire
- Huawei Unveils Xilinx FPGA-Powered Cloud Server to North America at SC17 PR Newswire
- Blippar Launches App Allowing People to Navigate the World with Augmented RealitySector Publishing Intelligence
- SDL Launches SDL Tridion DX EContent
- Panaya Launches Release Dynamix for Salesforce.com, Augmenting its Cloud-based Solution for Application Delivery PR Newswire
- Cylance adds to home computer security options iTWire
- Clarabridge Adds New Crisis Management Solution to Social Customer Service EContent
- ThoughtSpot Announces SpotIQ is Now Generally Available, Putting the Power of 1000 Analysts in Every Businessperson’s Hands Business Wire
- Forter Expands Industry-Leading Fraud Prevention Technology With Launch of New End-to-End Solution Business Wire
- Leading Visual Recognition AI Company Clarifai Expands API Offering With Tools That Rate Image Quality; Recognize Textures & Patterns PRWeb
- Augury Unveils ‘Halo’ to Diagnose and Predict Mechanical Failures in Smart FacilitiesDATAVERSITY
- Anodot AI Analytics for Retail to Gain Online Retailers Millions in Otherwise Lost Revenue PR Newswire
- Netradyne Announces Data Services Platform for Advanced Transportation Technology Ecosystem PR Newswire
New Market Entry
- Shenzhen-listed tech major eyes medical sector after its AI robot aces exam to qualify as doctor South China Morning Post
- ZestFinance Preps for Powersports Debut PowerSports Finance
New Geo Entry
- US-based AI firm DataRobot sets up research centre in Singapore with $15 million investment Straits Times
- C3 IoT Establishes Regional HQ in Australia Business Wire
Business Partnership
- Salesforce and Google Form New Strategic Partnership PR Newswire
- AutoNation to maintain, repair Alphabet’s Waymo vehicle fleet Reuters
- Hyundai Motor Partners with SK Telecom, Hanwha and Element AI to Create ‘AI Alliance Fund’ finchannel.com
- Accenture Acquires Minority Stake In Paxata, Designates Big Data Startup A Strategic Partner CRN
- Zebra Medical Vision to Collaborate with Google Cloud to Bring a Transparent All-in-One Model to Healthcare Business Wire
Company Announcement
- Qualcomm announces investment in Mobike and eight other Chinese startups TechCrunch
- Alphabet looks to snowy Michigan to test self-driving cars Reuters
- Technology company Xilinx to invest $40m in Irish headquarters independent.ie
Earnings Release
- Salesforce earnings: 39 cents a share vs expected EPS of 37 cents CNBC
Key People Movement
- Salesforce appoints Bret Taylor as chief product officer xTechNews