Nexus Cognitive, an Atlanta, GA-based innovator in enterprise Data & AI foundations, received an investment from Insight Partners.
The amount of the deal was not disclosed. Insight Partners Vice President Richard Matus, will join Nexus Cognitive’s board.
The company intends to use the funds to accelerate channel partnerships and continue to develop the offering and out-of-the-box IP.
Led by CEO and Founder Anu Jain, NexusOne provides a tech-enabled managed service for big data infrastructure that combines technology with industry expertise to deliver comprehensive solutions. Its primary offering, NexusOne, is a managed data-as-a-service platform that can work with any cloud and existing data platform, including Cloudera, AWS, Azure, Databricks, Snowflake, and open-source components in a holistic model. NexusOne leverages a universal control plane to manage all resources required to increase revenue, reduce cost, and manage risk and compliance efficiently. The platform runs the data and AI foundation, driving use cases like dynamic pricing, new business line expansion, credit risk management, and supply chain cost reduction.
Nexus Cognitive supports needs across industries ranging from financial services, government, retail, and manufacturing.
FinSMEs
04/06/2024