The machine learning software producer saw Nvidia and New York Life come back for a round which pushed its valuation to $1.7bn.
US-based machine learning technology provider H2O.ai has secured $100m in a series E round featuring graphic processing unit producer Nvidia and insurance provider New York Life.
Commonwealth Bank of Australia led the round, which included fellow financial services firms Wells Fargo and Goldman Sachs, the latter through its asset management business. Venture capital firm Crane Venture Partners filled out the round, which valued the company at $1.7bn.
Founded in 2012 as 0xdata before rebranding two years later, H20.ai provides an…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
