Amdocs and Comcast contributed to deep learning software provider Neural Magic's $30m series A round while packaging producer Creapaper completed a series B featuring Ranpak.
Funding
Neural Magic, a US-based developer of deep learning inference software, raised $30m yesterday in a series A round featuring communications software producer Amdocs and, Comcast Ventures, the investment arm of mass media group Comcast. Venture capital firm New Enterprise Associates led the round, which included Andreessen Horowitz, Pillar VC and Ridgeline Ventures. All the investors apart from Ridgeline had taken part in a $15m seed round in late 2019 that boosted the company’s overall funding to $20m.
US-based…
