Tuesday, April 26, 2016

SparkCognition Raises $6M For AI-Driven Cybersecurity Software

Austin-based SparkCognition, a startup applying artificial intelligence and machine learning to the cybersecurity market, has raised $6M in a Series B funding round. The funding came from CME Ventures, Verizon Ventures, The Entrepreneurs' Fund (TEF), and Alameda Ventures. The startup--led by Amir Husain--said the Series B was oversusbcribed. SparkCognition says it has developed machine learning technology which it is applying to both Internet-of-Things (IoT) and cyber security, to automatically detect and identify attacks in IoT infrastructure. More information »