Sunday, December 22, 2024

Cerebri AI: Raises $7M in Funding

Cerebri AI: Raises $7M in Funding

  • The company formally launched its new CVX v2 software platform in September 2019
  • After previewing the platform, since July 2019, it already has pilots with companies selling to over 200M consumers
  • Backers included new investor Arcis Capital Partners and existing investors
  • Then the company intends to use the funds to continue to expand operations
  • Cerebri AI’s platform also uses a machine learning paradigm called reinforcement learning
  • Cerebri AI works with companies in the financial services, automotive, telecommunications and media

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