Nara Logics, Inc., a Cambridge, MA-based artificial intelligence company focused on turning big data into smart data, raised $6m in Series A-2 financing round.
The round was led by .406 Ventures with participation from existing investors including Peter de Roetth, president of Account Management LLC. In conjunction with the funding, Larry Begley from .406 Ventures will join Nara Logics’ Board of Directors while neuroscientist Mriganka Sur will join Nara’s advisory board.
The company, which has now raised $13m, to build out its artificial intelligence technology infrastructure, and hire people in neuroscience, technology and business spaces.
Led by Tom Copeman, chief executive officer and founder, and Jana Eggers, president, Nara offers a personalization platform that analyzes the structure of the online information and tailors this based on individual preferences and interests to provide meaningful connections between businesses and their customers.
FinSMEs
15/10/2014