SparkCognition closes mln Series B funding

SparkCognition, the Austin, Texas, producer of cognitive security analytics systems, closed a $6 million oversubscribed Series B funding. New investors included CME Group’s CME Ventures as well as Verizon Ventures. Current investors participating were Entrepreneurs’ Fund and Alameda Ventures. SparkCognition says it has developed machine-learning technology that models physical and virtual assets, learns from data and derives insights to protect those assets. The tech allows “for more accurate risk mitigation and prevention policies to intervene and avert disasters,” the company said. Press Release SparkCognition Closes Series B Funding Round CME Ventures and Verizon Ventures join existing investors to fuel the artificial intelligence and machine learning innovator’s aggressive growth strategy AUSTIN, Texas, April 26, 2016 /PRNewswire/ — SparkCognition, the world’s first Cognitive Security Analytics company, today announced that it has closed a $6M oversubscribed Series B…


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