Verizon Ventures has led a round that also featured Boeing, which provided capital through HorizonX, the corporate venturing unit it established this past April.

US-based artificial intelligence (AI) technology developer SparkCognition closed a $32m funding round on Monday led by Verizon Ventures, the corporate venturing arm of telecommunications company Verizon.

Aerospace company Boeing also contributed to the round through HorizonX, the investment subsidiary it launched in April 2017, as did a range of unnamed backers.

SparkCognition previously raised $6m in an April 2016 round backed by Verizon Ventures and CME Ventures, the investment arm of futures exchange company CME, as well as the…