Deci Raises $25M Series B To Accelerate The Productization Of Real-World Ai Applications
Jul 13, 2022•almost 3 years ago
Amount Raised
$25 Million
Round Type
series b
Description
Deci, the deep learning company harnessing AI to solve the AI efficiency gap, today announced it has raised $25 million in a Series B funding round led by global software investor Insight Partners, with participation from existing investors Square Peg, Emerge, Jibe Ventures, and Fort Ross Ventures, as well as new investor ICON. The investment comes just seven months after Deci secured $21 million in Series A funding, also led by Insight Partners, bringing Deci's total funding to $55.1 million. The funds will be used to expand Deci's go-to-market activities, as well as further accelerate the company's R&D efforts.
FundzWatch™ Score
70
Medium Activity
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