Munich-Based AI Startup Neokami Raises $1.1M

Funding Rounds

Summary

Last year’s $500 million acquisition of DeepMind by Google undoubtedly put Artificial Intelligence (AI) squarely in the minds of investors and media alike. “I think executives at top firms have all heard of AI and know intuitively that it could help them run their businesses better and more securely,” Neokami CEO and co-founder Ozel Christo tells me. We fill this gap through on-site integration, customer engineering, our developer APIs and our AI-powered products.” To date, Neokami’s AI products span a range of different use cases, from social media monitoring, image analysis to CRM. “We connected the Twitter API to our sentiment analysis algorithms for a beautiful real-time geographic emotion visualisation,” explains Christo. We want to actually bring this to the masses in a transparent and very usable fashion – hence our focus on the developer API and packaged AI products that solve specific problems.

$ Funding

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Amount $1.1M Total raised
Date July 8, 2015 Announcement date
Investors Cisco Lead investors
Company http://www.neokami.com Funded company

Classifications

industries
Manufacturing Industry
applications
General BI

AskAI Classifications

Labels
SaaS Enterprise Software Collaboration Software

Linked Companies

Tandberg
$500M to $1B
Cisco
$1B+