US-based machine learning services provider H2O.ai obtained $40m in a series C round yesterday co-led by graphics processing unit (GPU) manufacturer Nvidia and financial services firm Wells Fargo.
Insurance providers New York Life and Transamerica, through its Transamerica Ventures unit, also took part in the round, as did Crane Venture Partners and Nexus Venture Partners.
Initially known as 0xdata before rebranding to H2O.ai in 2014, the company has developed machine learning and predictive analytics platform aimed at enterprises.
The company’s…
