Monday, June 17, 2019

Imandra Enhances AI Software

Austin-based artificial intelligence software startup Imandra said on Friday that it has enhanced its software, adding a new "Region Decomposition" functionality in its system. The company said the enhancements help in analysis of safety-critical systems and algorithms. The startup, led by co-founder and co-CEOs Denis Ignatovich and Grant Passmore, says it has raised $5M in seed funding, from investors in both the US and UK. The company's backers include AlbionVC, IQ Capital, and LiveOak Venture Partners.