H20.ai, Focused on Machine Learning, Closes Million in Funding

by Sam Dean – Nov. 09, 2015Comments (0)H2O.ai, formerly known as Oxdata, has steadily been carving out a niche with its  open source software for big data analysis and machine learning. The company has been involved in transformative processes, losing the Oxdata name, and now it has announced a new funding round that it is getting to the tune of $20 million. Paxion Capital Partners led the round with existing investors Nexus Venture Partners and Transamerica Corporation and new participant Capital One Growth Ventures joining. The Series B round brings H2O.ai’s total amount of funding raised to $34 million. We interviewed Oleg Rogynskyy, VP of Marketing & Growth at H2O.ai, here (he is shown in the photo) He told us: “H2O’s machine learning technology can take a vast quantity of data…


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