Natural Language Understanding API Developer Pat Raises $2.5M in Seed Funding

patPat Inc., a Palo Alto, CA-based developer of Natural Language Understanding (NLU) solutions, launched into private beta with $2.5m in seed funding.

The backers were not disclosed.

The company will use the funds to continue to develop the technology – further validating its approach in NLU – and expand operations.

Led by John Ball, CTO and founder, Wibe Wagemans, CEO, and Professor Robert Van Valin, Jr., CSO, Pat integrated the RRG (Role and Reference Grammar) model with a patented neural network to advance a SaaS platform that aims to facilitate to understand the meaning of A.I. text- and voice-based applications.

 

FinSMEs

12/07/2016

 

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