SparkCognition snags corporates for series B close

Feb 21, 2018 • Thierry Heles

Invenergy Future Fund and CME Ventures are among the backers that boosted the data analytics platform's latest round to $56.5m.

US-based artificial intelligence (AI) technology developer SparkCognition revealed yesterday that it has raised $24m to close a series B round featuring corporates Verizon, Boeing, Invenergy and CME at $56.5m.

Invenergy Future Fund, an investment vehicle for energy utility Invenergy and an unnamed financial services firm co-led the extension, which closed in the second half of 2017.

Futures exchange CME’s corporate venture capital arm, CME Ventures, also took part in the extension, as did hedge fund manager Brevan Howard Investment and…

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