Tempo AI Inc., a Menlo Park, CA-based developer of a personal productivity app, raised US$10m in Series A financing.
The round was led by Relay Ventures and Sierra Ventures, with participation from Mayfield Fund, Horizon Ventures, Qualcomm Ventures, SingTel Innov8, Miramar Venture Partners, SRI International, Golden Venture Partners, Seavest Capital Partners, ENIAC Ventures, as well as angel investors Gaurav Garg and Peter Wagner. In conjunction with the funding, Kevin Talbot, Ben Yu, managing director of Sierra Ventures, and Norman Winarsky, vice president of SRI Ventures, have joined Tempo AI’s Board of Directors.
Co-founded in 2011 by Raj Singh, Corey Hulen and Thierry Donneau-Golencer Tempo AI has leveraged AI research adjacent to the research that led to Siri to create The Tempo Smart Calendar, which is a learning system built for the calendar. It finds and organizes what people need to prepare for contacts, emails, documents, conference calls, and flight status.
The company intends to use the funding to advance its proprietary artificial intelligence (AI) technology and work on delivering solutions for more time-consuming tasks such as the complexities around scheduling meetings. Tempo AI could be used to enable attendees to know a person’s precise location and calculate arrival time when someone is late, suggest a location that’s midway between attendees or book more time when the schedule and travel time don’t add up.
Tempo AI is an SRI International spin-off .
FinSMEs
21/06/2013