H2O.ai Closes Million Series B to Democratize Artificial Intelligence for Business and Fuel the …

MOUNTAIN VIEW, CA–(Marketwired – November 09, 2015) – H2O.ai, the maker of the number one open source machine learning platform for building smarter applications, today announced the close of a $20 million Series B funding round. 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. Michael Marks, founding partner of Paxion and Walden Riverwood Capital will join the H2O.ai board of directors.”I’d be shocked if every company in the world wouldn’t benefit from using H2O,” said Michael Marks, who transformed Flextronics into a multi-billion dollar giant and helped build phenomenal growth companies like Zappos.”You know something special is happening when sophisticated algorithms‚Ķ


Link to Full Article: H2O.ai Closes Million Series B to Democratize Artificial Intelligence for Business and Fuel the …