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Access here alternative investment news about Seattle Startup Algorithmia Raises $25M To Help Companies Implement Machine Learning Algorithms – Geekwire
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Seattle Startup Algorithmia Raises $25M To Help Companies Implement Machine Learning Algorithms – Geekwire

by geekwire.com posted 1week ago 181 views
Algorithmia announced Tuesday that it has raised $25 million in new funding to build out tools that make machine learning easier to implement. Norwest Venture Partners led the Series B round, which brings the total amount of money raised by the Seattle startup to $37.9 million. Rama Sekhar of Norwest will be joining Algorithmia’s board of directors, and existing investors Madrona Venture Group, Gradient Ventures, Work-Bench, Osage University Partners, and Rakuten Capital all participated in the new round, Algorithmia said in a blog post. Algorithmia, ranked No.