Venture Capital

H2o.ai Closes $100M In Funding Led By Commonwealth Bank Of Australia | Business Standard News

by business-standard.com posted 3weeks ago 26 views
The rapid adoption of the H2O AI Cloud has accelerated the company's growth. : H2O.ai, the AI cloud company, today announced it has closed $100 million in Series E fund led by Australia’s largest bank, Commonwealth Bank of Australia (CBA). H2O.ai has now raised over $250 million and is valued at $1.7 billion. Pivot Investment Partners joins prior investors Goldman Sachs Asset Management and Crane Venture Partners. Existing investors include customers and partners such as Wells Fargo, New York Life and NVIDIA. 20,000 organisations, millions of data scientists, and half of the Fortune 500 trust H2O.ai as their AI provider.