Node, a San Francisco, CA-based artificial intuition platform provider, raised $16m in financing.
Backers included existing investors Mark Cuban, Avalon Ventures, NEA, NewView Capital, GingerBread Capital, Canaan Partners, and new investors JetBlue Technology Ventures, Will Smith’s Dreamers Fund, MS&AD, Wharton Alumni Fund, Plum Alley, and former Google and Microsoft executive James Whittaker.
The company, which has now raised $36m in total financing, is using the funds to continue to expand operations and its business reach.
Led by CEO Falon Fatemi, CTO Louis Monier and new CPO Michael Radovancevich, Node has just launched a SaaS based automated machine learning technology platform that uses AI to enable businesses to deploy and scale both customer-facing and internal applications. Applications powered by Node can deliver predictions that enable users to make smarter connections and decisions about how to engage with customers, employees, investors, and partners.
The company has been working with such companies as Information Builders (Business Intelligence), Yesware (Sales Engagement), Nimble CRM (Contact Management), ConnectAndSell (Sales Acceleration), Aventri (B2B Events Management).