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{"id":1972,"date":"2020-05-26T10:04:00","date_gmt":"2020-05-26T10:04:00","guid":{"rendered":"https:\/\/aijourn.com\/?p=1972"},"modified":"2024-04-02T13:59:35","modified_gmt":"2024-04-02T13:59:35","slug":"smart-data-platform-definedcrowd-raises-50-5m","status":"publish","type":"post","link":"https:\/\/aijourn.com\/smart-data-platform-definedcrowd-raises-50-5m\/","title":{"rendered":"Smart data platform DefinedCrowd raises $50.5m"},"content":{"rendered":"\n

Smart data platform DefinedCrowd today announced<\/a> they have successfully raised $50.5m in a Series B funding round with new investors Hermes GPE and Semapa Next taking part alongside existing investors Bynd Venture Capital, EDP Ventures, Evolution Equity Partners, IronFire Ventures, Kibo Ventures, and Portugal Ventures. <\/p>\n\n\n\n

The additional capital will be used to enhance their suite of products, increase available resources for R&D of new initiatives and services to add value to customers, and expand their international client list. <\/p>\n\n\n\n

This Series B funding round brings DefinedCrowd’s total raised capital to $63.4m over a five year period and is also the largest Series B funding round to be raised by a female-founded AI company in the US giving kudos to women in technology<\/a>. <\/p>\n\n\n\n

Daniela Braga, CEO and founder of DefinedCrowd said:  “It\u2019s amazing to think of how far we have come in such a short time. A few years ago, I saw the gap between the AI models data scientists wanted to develop and the training data available to build them.”<\/p>\n\n\n\n

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