Tech Company Financing Transactions
Cortical.io Funding Round
On 10/30/2015, Cortical.io received $1.8 million in funding from Open Field Capital.
Transaction Overview
Company Name
Announced On
10/30/2015
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Undisclosed
Investors
Proceeds Purpose
The company is using the funds to expand operations. It is opening an office in the San Francisco Bay Area, where its sales and business development activities will be based.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Mariahilfer Strasse 4
Vienna, 1070
Austria
Vienna, 1070
Austria
Phone
Undisclosed
Website
Email Address
Overview
cortical.io's approach is inspired by the latest findings on the way the human cortex works. Our technology, the Cortical Engine for Processing Text, breaks with traditional methods based on pure word count statistics or linguistic rule engines.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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