US-based machine learning services provider H2O.ai secured $20m in series B capital yesterday in a round featuring insurance company Transamerica and financial services provider Capital One’s investment arm Capital One Growth Ventures.
Paxion Capital Partners led the round while Nexus Venture Partners also contributed funds.
Originally named 0xdata, the company rebranded to H2O in November 2014. The company’s big data machine learning technology is able to analyse up to four billion database entries per second.
The funding will go towards…
