Ping An Global Voyager Fund co-led H2O.ai's $72.5m series D round, bringing its total funding to $147m in support of its open-source AI model development platform.
H2O.ai, a US-based developer of artificial intelligence software development tools, raised $72.5m yesterday in a series D round co-led by insurance group Ping An’s Global Voyager Fund.
Investment banking firm Goldman Sachs co-led the round, which additionally featured financial services firm Wells Fargo and venture capital firm Nexus Venture Partners.
Founded in 2012 as 0xdata, H2O.ai markets an open-source artificial intelligence (AI) software development platform that enables data scientists to create AI-driven models for purposes such as running self-driving vehicles.
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