Yewno, a Redwood City, Calif.-based knowledge discovery platform, raised an additional $6.5m in Series A funding.
The round, which now totals $16.5m, was led by new investor Desmond Shum of GO VR LLC, with participation from existing investor Pacific Capital Group.
The company intends to new funds to further develop its knowledge base and inference engine for roll out into additional vertical markets and geographies from early 2017.
Founded in 2014 by Ruggero Gramatica, chief executive officer, Yewno provides a knowledge discovery platform that leverages an inference engine incorporating machine learning, cognitive science, neural networking, and computational linguistics into a visual solution to enhance human understanding by correlating concepts across vast volumes of text.
Its first vertical offering, Yewno for Education, serves as a service designed for scholars and students and is used by academic and research libraries around the world, including Harvard, MIT, NYU, Stanford, Stonehill College, University of California, Berkeley, the University of Michigan and the Bavarian State Library.
In addition to a substantial content base for discovery from publishers and aggregators, each university can contribute to Yewno’s knowledge base that now exceeds more than 50 million vetted, quality items, some dating back nearly 200 years.
The company also has offices in London.
FinSMEs
16/11/2016