AI software development tool provider Paperspace got backing from Intel Capital in a series A round that will support its upcoming product launches.
Paperspace, a US-based provider of artificial intelligence (AI) software development tools, has closed a $13m series A round co-led by Intel Capital, the corporate venturing arm of semiconductor technology manufacturer Intel.
Intel co-led the round with investment firm Battery Ventures, venture capital firms SineWave Ventures and Initialized Capital, and Sorenson Ventures, the VC arm of private equity firm Sorenson Capital, the company said.
Founded in 2014, Paperspace markets a cloud-hosted computing system that helps AI software developers implement projects more…
