Citrix Systems was among the investors in the latest round for business planning technology provider Kyndi, a graduate of its Citrix Startup Accelerator in 2015.
Kyndi, a US-based provider of artificial intelligence technology for business planning, closed an $8.5m series B round featuring virtualisation software provider Citrix Systems yesterday.
Venture capital firms PivotNorth Capital and Darling Ventures also participated in the round, which Kyndi said increased its overall funding to $12m.
Founded in 2014, Kyndi has developed technology that helps businesses analyse considerable amounts of unstructured data in order to anticipate otherwise unforeseen threats or opportunities.
Andy Cohen, Citrix’s vice-president of strategic development and investments,…
