Tech Company Financing Transactions
illumex Funding Round
On 6/27/2024, illumex raised $13 million in investment from Amdocs, Cardumen Capital and Samsung Ventures.
Transaction Overview
Company Name
Announced On
6/27/2024
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
224 W 35th St. PMB 398 500
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Illumex empowers organizations to unlock the full value of their enterprise data through its Generative Semantic Fabric. It automates the complex process of mapping data semantics and resolving inconsistencies across business silos, making data GenAI-ready and enabling transformative enterprise use cases for generative AI.
Management Team
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Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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