Primer Technologies, a San Francisco, CA-based an AI/ML technology company specializing in AI-powered data analysis, raised $69M in a first close of a Series D funding.
The round was led by Addition, with participation from the U.S. Innovative Technology Fund (USIT), founded by chairman Thomas Tull.
The company intends to use the funds to accelerate R&D of generative AI and machine learning models, grow its talent, and continue to mature its product offering.
Led by CEO Sean Moriarty, Primer uses AI to accelerate intelligence and decision cycles “that keep us safe.” With customized Large Language Model functionality already integrated in its secure offering, Primer allows analysts, operators and decision-makers to make sense of massive volumes of open source and proprietary data and reduce time to decision. The company recently launched the Primer Delta platform, a self-curating knowledge base that can analyze millions of documents in seconds. Deployable on-premises and in the cloud within hours, analysts can securely search through large-scale document caches and databases to extract the information that matters.
Organizations looking to experiment with a smaller batch of documents can now procure Delta Lite directly from AWS Marketplace. Primer’s native AI platforms Primer Delta and Primer Command are powered by its proprietary NLP technology, which is built on transformer-based neural networks.
Primer, which has offices in Arlington, Virginia and San Francisco, California, provides its technology to the U.S. Government, strategic allies, and Fortune 100 companies. Since 2020, in particular, the company has worked with USSOCOM, Air Force and Army officials to develop and enhance their machine learning capabilities, from mission planning and predictive logistics to speeding up intelligence and decision cycles.
FinSMEs
15/06/2023