Friday, June 29, 2018

Microsoft's M12 Leads Funding For Cerebri AI

M12, Microsoft's venture capital investment fund (formerly known as Microsoft Ventures), is the lead investor in Cerebri AI, a startup developing machine learning software to help companies better understand customer behavior. Cerebri AI said this week has raised $5M in a Series A funding round. The funding was led by M12 (former Microsoft Ventures), and also included UT Horizon Fund, WorldQuant Ventures and Leawood Venture Capital. Cerebri AI's CEO and co-founder is Jean Belanger. The company is based in Austin, Texas.