SparkCognition Raises $123M in Series D Funding
Summary
SparkCognition, an Austin, Texas-based global leader in artificial intelligence (AI) software solutions for business, closed a $123m Series D funding round. The company intends to use the funds to accelerate sales and marketing efforts, amplify research and development investments, and facilitate organic and inorganic growth. Led by Amir Husain, Founder and CEO, SparkCognition provides AI solutions that allow organizations to predict future outcomes, optimize processes, and prevent cyberattacks. The company partners with industry leaders to analyze, optimize, and learn from data, augment human intelligence, drive profitable growth, and achieve operational excellence. Its patented AI, machine learning, and natural language technologies allow organizations to solve critical challenges—prevent unexpected downtime, maximize asset performance, optimize prices, and ensure worker safety while avoiding zero-day cyberattacks on essential IT and OT infrastructure.