Week Ending 02.24.19
ALTIA ACQUIRED FOR USD 125M
JERUSALEM VENTURE PARTNERS RAISES USD 220M
VISENZE RAISES USD 20M
VOCI TECHNOLOGIES PROMOTES COO TO CEO
AND MORE ↓
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FILINGS
No S-1 or F-1s were filed
FUNDING
Jerusalem Venture Partners, the Israeli venture capital company, said it raised USD 220m for an eighth fund focused on investments that will include retail and media companies using AI.
ViSenze, the Singapore-based company developing AI to be used in visual marketing, said it raised USD 20m in a Series C led by Gobi Partners and Sonae IM. Japan’s Rakuten is also an investor.
Splice Machine, the San Francisco, California-based AI company, said it raised USD 16m in a funding led by GreatPoint Ventures.
Zappi, the London, UK-based company using AI in marketing, said it raised USD 8m in a funding round led by Cipio Partners.
GreenWaves Technologies, the Grenoble, France AI chip maker, said it raised EUR 7m (USD 7.9m) in a Series A led by Huami and Soitec.
PEOPLE
Voci Technologies, the Pittsburgh, Pennsylvania-based speech analytics firm using AI, said it promoted Michael Coney to CEO. He had been the company’s COO. The company also said it hired Tony Ryan as CFO.
Paige.AI, the New York City-based healthcare company using AI, said it hired Dr. Leo Grady as CEO.
LexinFintech, the Shenzhen, China-based financial technology company using AI, said it hired Shirley Yang as Chief Human Resources Officer.
Other hiring includes Xnor
Board appointments include Deep Instinct