USA – Node, a San Francisco, CA-based provider of self-service AI that enables companies of all sizes to build advanced artificial intelligence into their applications, products, and business processes, raised $6m in funding.
Backers included Mark Cuban, Artco, NewView Capital, Canaan Partners, Gingerbread Capital, Galaxy Ventures and Ken Goldman (former CFO of Yahoo!). The company, which has raised $40M in total funding to date, intends to use the capital to expand operations. Node provides an horizontal AI platform-as-a-service that allows companies to use AI to make smarter business decisions, without the need for data science capabilities or significant capital investment. It also helps users interpret the predictions it generates, so companies can take the actions needed to help transform their businesses. Node can be used as a standalone platform, or with third party applications a company is already using, such as Salesforce, Dynamics, Marketo, Zendesk, Workday and more. Node is already working with Fortune 500 companies to improve customer retention and expansion and to bolster loyalty programs by putting product offers in front of the right customers. 09/04/2020