UM professors, students lead startup with real-world uses for AI technology

March 26, 2016 8:00 a.m. Updated Email Print There’s nothing artificial about the round of funding that has been raised by Clinc Inc., an Ann Arbor startup focusing on real-world applications for artificial intelligence.Clinc was co-founded last July by Jason Mars and Lingjia Tang, assistant professors of electrical engineering and computer science at the University of Michigan, and by Michael Laurenzano and Johann Hauswald, two doctoral students.Mars is president and CEO, Tang is COO, Laurenzano is vice president of engineering, and Laurenzano is chief technology officer.The company has closed on its first funding of $1.2 million, which was based on valuing the startup currently at a market value of $5 million.Ann Arbor-based Michigan eLab led the round, investing $1 million. It was joined by Chicago-based Hyde Park Venture Partners and…


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