CrowdANALYTIX, a Sunnyvale, CA-based Enterprise AI solutions company, raised $40m in funding.
Macnica, a global supplier of semiconductors, electronic components, network equipment, and software products in the electronics and IT markets, made the investment. Founded in 1972 in Tokyo, Macnica is a subsidiary of Macnica Fuji Electronics Holdings, Inc. (TYO: 3132). The company has 3,000 employees in 22 countries including Japan, China, Asia, North America, South America, and Europe.
The investment will enable the company to venture into the Japanese market as well as several new industry sectors, including manufacturing and healthcare, where Macnica has a strong presence.
Led by Divyabh Mishra, CEO and Founder, CrowdANALYTIX is an AI platform that offers scalable AI solutions for global enterprises across industries. The platform consists of a machine layer called dataX and a human layer called CAX. dataX provides the tools needed to build and deploy solutions, and CAX provides access to a community of data scientists to build and tune AI models.
Previous investors in the company include Accel Partners and SAIF Partners.