Primer, a San Francisco, CA-based Natural Language Processing (NLP) company, closed a $110M Series C funding round.
The round was led by Lee Fixel’s Addition with participation from Steadfast, Sands Capital, and Hank Crumpton, former Ambassador-at-Large and US Coordinator for Counterterrorism and existing investors Lux Capital, DCVC, Amplify Partners and more.
The company intends to use the funds to continue to expand operations, stepping up recruiting efforts both in the US and globally, and its business reach. Starting with new offices in London and Singapore, the company is set to expand its presence across Europe and Asia.
Led by Sean Gourley, CEO & Founder, Primer provides an industrial-grade NLP platform that enables organizations to create structure and pull insights from vast amounts of data to support fast decision-making.
The company will build on the recent commercial release of Primer Automate, a no-code solution for users to build and train their own NLP models on their data. Automate offers a number of NLP Engines straight off-the-shelf. Primer Analyze offers access to intelligence through a scalable, self-curating knowledge base that can analyze billions of documents in seconds. This capability allows analysts to search through large-scale document caches and databases to extract the information that matters the most.
The NLP technology, which can read and write in English, Russian, Chinese and Arabic, is deployed by some of the world’s largest government agencies, financial institutions, and Fortune 50 companies.
The company also announced an integration with Microsoft Corporation to make Primer natively available within Microsoft Azure, as well as a partnership with Palantir Technologies, Inc. to make it available within the Palantir platform to deploy operational AI to US Government missions.
FinSMEs
22/06/2021