InsightFinder, a Raleigh, NC-based AI-first system of intelligence for incident prediction and prevention, raised $2m in funding.
The round was led by Fellows.Fund, with participation from the founder of a $100B+ software company, Silicon Valley Future Capital, Eastlink Capital, Brightway Future Capital and more than a dozen executives at Facebook, Uber, Pinterest, Amazon, and Airbnb.
The company intends to use the funds to continue to expand operations and its business reach.
Founded by Dr. Helen Gu, a system machine learning expert, InsightFinder allows companies like Dell, Credit Suisse, and China Mobile to detect system anomalies without thresholds, predicting severe incidents hours before they happen, and automatically pinpointing root causes.
The company also announced it recently closed a deal with NTT DATA, the Japanese multinational information technology service company headquartered in Tokyo. NTT DATA will use technology from InsightFinder to help its customers reduce downtime for critical systems. Additionally, InsightFinder extended its existing partnership with Apprendis, makers of the Inq-ITS e-learning platform.
InsightFinder is also expanding its leadership team to include new Chief Revenue Officer, John Whittington.
FinSMEs
13/07/2021