Tech Company Financing Transactions
Nanonets Funding Round
Nanonets, based in San Francisco, received $29 million from Accel Partners, Elevation Capital and private investors.
Transaction Overview
Company Name
Announced On
3/12/2024
Transaction Type
Venture Equity
Amount
$29,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2261 Market Street #4010
San Francisco, CA 94114
USA
San Francisco, CA 94114
USA
Phone
Website
Email Address
Overview
Developer of a machine learning-based API designed to assist developers in building a machine learning model without requiring to have experience in the related field. The company's API provides developers with machine learning models like OCR, object detection, image classification, segmentation, tagging, similarity, that requires input in the form of some basic training models and a couple of lines of code, enabling clients to leverage machine learning models to improve productivity and business as a whole without using complicated databases.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sarthak Jain
Chief Technical Officer
Prathamesh Juvatkar
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