Squirro, a Zurich, Switzerland-based context intelligence & insights solution provider, completed a $10m Series B funding round.
The round was led by Orange Growth Capital with participation from new investor Salesforce Ventures, and existing investors.
The company will use the new funding to accelerate growth in emerging markets, further strengthen its presence in North America and Europe, and reinforce the R&D team based in Zurich.
Founded in 2012 by Dr. Dorian Selz, CEO, Squirro is a cognitive insights company, with an advanced context intelligence & insights solution powered by proprietary Artificial Intelligence techniques built around a core USPs of Concept Detection, Auto-Discovery, and Anomaly & Trend Detection.
The company Squirro works with global data-driven organizations, predominantly in financial services, insurances, telecoms, and manufacturing industries, such as Brookson, Evalueserve, Investec, Helvetia Insurance, SwissRe, Vontobel, Wells Fargo.
Squirro currently has offices in Zurich, Munich, Barcelona, London, and New York.