Monday, August 8, 2016

Turi Acquired By Apple

Seattle-based Turi--which until recently, was known as Dato, and started life as GraphLab--has been acquired by Apple. The deal is reportedly worth around $200M. Turi has raised $25.25M in funding from such Madrona Venture Group, New Enterprise Associates, Opus Capital Ventures, and Vulcan Capital. Turi was developing artificial intelligence software.