Nasdaq minds Digital Reasoning for $40m series D

May 4, 2016 • Thierry Heles

US-based cognitive computing technology provider Digital Reasoning secured $40m in series D capital yesterday, in a round co-led by stock exchange Nasdaq and venture capital firm Lemhi Ventures.

Healthcare provider HCA and investment bank Goldman Sachs also participated in the round. Nasdaq’s involvement was first revealed in February 2016, when the two companies disclosed they had formed a strategic partnership.

Founded in 2000, Digital Reasoning’s big data and machine learning platform is able to analyse human communication in context.…

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