Vyasa Analytics, a Boston, MA-based provider of innovative deep learning software and analytics for life science and healthcare organizations, received a $1.8m loan.
MassDevelopment’s Emerging Technology Fund provided the debt financing.
The company will use the funds to hire 18 additional employees in Massachusetts, and build out a GPU-based compute infrastructure in Boston.
Led by Dr. Christopher Bouton, founder and CEO, Vyasa provides scalable deep learning software, Cortex, which allows users to apply deep learning analytics to enterprise data. With Cortex, users can ask complex questions about large scale data types like text, images and chemical structures, and discover unexpected patterns, relationships and concepts across disparate sources.