Tech Company Financing Transactions
SparkCognition Funding Round
SparkCognition closed a $6 million Series B venture capital round on 4/26/2016. Investors included CME Group, The Entrepreneurs Fund and private investors.
Transaction Overview
Company Name
Announced On
4/26/2016
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
4030 W. Braker Ln. Building 5 500
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Website
Email Address
Overview
SparkPredict applies sophisticated algorithms to vast quantities of sensor data imbuing the Industrial Internet with intelligence. Next-generation AI-driven prognostics warn operators about failures before they occur, identify sub-optimal operating conditions and assist with root-cause analysis.
Management Team
Title
Name
Email & Social
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