Tourmaline Labs Closes $2M Funding Round

Funding Rounds

Summary

Tourmaline Labs , a San Diego-based an artificial intelligence technology company, closed a $2M funding round.Backers included Tech Coast Angels and Tech Coast Angels’ ACE Fund and ClearVision Equity Partners.The company intends to use the funds to build its sales and account management team, as well as sale up its proprietary technology.Led by Marc Brungger, CEO, Tourmaline Labs is an Artificial Intelligence tech company that analyzes mobility data, such as speed and other sensor data, to provide smartphone-based solutions for large enterprise fleets via a pure SaaS model, which allows integration and management of third-party vehicles and operators.

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Amount $2.0M Total raised
Date October 8, 2018 Announcement date
Investors - Lead investors
Company http://www.tourmalinelabs.com Funded company

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AI & Machine learning

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