CognitiveScale Closes $21.8 Million Series B Round

Aug 05 2016

"CognitiveScale enables businesses to win with machine intelligence. The company's products—CognitiveScale ENGAGE and CognitiveScale AMPLIFY help enterprises transform customer engagement, improve decision-making, and deploy self-learning business processes. CognitiveScale has successfully deployed its industry cognitive clouds with Global 500 companies in financial services, healthcare, and commerce."

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+ Investment round co-led by Norwest Venture Partners and Intel Capital

+ Brings total financing raised up to $32 million to two year old company

+ CTO Matt Sanchez worked at IBM’s Watson Lab, and CEO Akshay Sabhiki helped build healthcare applications at IBM as well

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CognitiveScale Closes $21.8 Million Series B Round cover image