SoftBank has thrown its weight behind the business intelligence software producer, which has now raised $119m altogether.

Telecommunications and internet group SoftBank led a $75m series C round into UK-based artificial intelligence (AI) company Peak yesterday, investing through its Vision Fund 2.

MMC Ventures, Oxx, Praetura Ventures, Arete and Octopus Ventures filled out the list of participants.

Peak develops a full-stack AI-powered decision-making software, called Decision Intelligence, for enterprises to boost efficiencies across sales, marketing, demand management and supply chains.

The funding will go towards continued R&D on the Decision Intelligence software. The company will also expand…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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