Tech Company Financing Transactions
SparkCognition Funding Round
Verizon Ventures and Boeing HorizonX joined a $32.5 million Series B funding round for SparkCognition. The round was announced on 6/27/2017.
Transaction Overview
Company Name
Announced On
6/27/2017
Transaction Type
Venture Equity
Amount
$32,500,000
Round
Series B
Investors
Verizon Ventures (Lead Investor) (Vijay Doradla)
Proceeds Purpose
The funding will support the company's rapid expansion, customer demand, and enable deeper deployment of its machine learning solutions into oil and gas, utility, manufacturing, financial services, aerospace, and national security sectors.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amir Husain
Chief Scientific Officer
Bruce Porter
Chief Technical Officer
Sridhar Sudarsan
Vice President
Philippe Herve
Vice President
Michael Hubbard
VP - Bus. Development
Vijay Doradla
VP - Bus. Development
James Fitzgerald
VP - Bus. Development
Usman Shuja
VP - Engineering
Randy Groves
VP - General Counsel
Talia Jarvis
VP - Marketing
John King
VP - Marketing
Susanne Rodriguez
VP - Sales
Dana Wright
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