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Wireless

SparkCognition closes Series B funding round

Wednesday 27 April 2016 | 11:09 CET | News
SparkCognition closed a USD 6 million oversubscribed Series B funding round adding new investors CME Ventures, the venture capital arm of CME Group, and Verizon Ventures with participation from existing investors The Entrepreneurs' Fund (TEF) and Alameda Ventures. SparkCognition will use the funding to fuel its rapid growth as the company continues to gain major traction in the IoT and cyber security verticals. SparkCognition developed machine learning technology that model physical and virtual assets, continuously learn from data, and derive intelligent insights to secure and protect assets

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Categories: Mobile & Wireless
Companies: Verizon
Countries: United States / World
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