Torch.AI, a Washington-based global artificial intelligence (AI) company that uses machine learning to enable massively scaled, ultra high performance data processing, raised $30m in Series A funding.
The round was led by Laurence Tosi’s WestCap Group. Tosi will join the Torch.AI board of directors.
The company intends to use the funds to enhance its proprietary technology, product design, and user experience, while continuing to expand in the U.S.
Founded in 2017 and led by Brian Weaver, CEO, Torch.AI created a next-generation AI platform that instantaneously understands and describes any data in atomic detail, both in memory and in motion. The software creates an intelligent Synaptic Mesh™ across an organization’s data and systems, increasing the surface area of data for discovery and action.
Companies including Microsoft, H&R Block, General Electric, the U.S. Air Force, Centers for Medicare and Medicaid Services, U.S. Department of Agriculture, and the U.S. Department of Defense, have already used the Nexus™ platform.
FinSMEs
17/03/2021