Data software provider Weka raised $73m in a round led by Hitachi Ventures while Advance Publications exited social impact technology developer EverFi in a $750m acquisition.
Funding
Electronics manufacturer Hitachi led a $73m funding round for Weka, the US-based provider of a data software platform for artificial intelligence, through subsidiary Hitachi Ventures yesterday. Chipmakers Nvidia and Micron, networking technology provider Cisco and enterprise technology producer Hewlett Packard Enterprise also took part, as did MoreTech Ventures, Ibex Investors and Key 1 Capital.
China-based industrial robotics provider YouiBot has closed two series B rounds having raised a total of over RMB300m ($47.1m) from investors including telecommunications and internet…