Deci Raises $25M Series B To Accelerate The Productization Of Real-World Ai Applications
Amount Raised
$25 Million
Round Type
Series B
Tel AvivSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceDescription
Deci, the deep learning company harnessing AI to solve the AI efficiency gap, today announced it has raised $25 million in a Series B funding round led by global software investor Insight Partners, with participation from existing investors Square Peg, Emerge, Jibe Ventures, and Fort Ross Ventures, as well as new investor ICON. The investment comes just seven months after Deci secured $21 million in Series A funding, also led by Insight Partners, bringing Deci's total funding to $55.1 million. The funds will be used to expand Deci's go-to-market activities, as well as further accelerate the company's R&D efforts.
Quick answer
Deci raised $25 Million in a Series B round, dated July 13, 2022. Deci is based in Tel Aviv, Tel Aviv District, Israel.
- How much did Deci raise?
- Deci raised $25 Million in a Series B round on July 13, 2022.
- What does Deci do?
- Deci enables deep learning to live up to its true potential by using AI to build better AI.
- Where is Deci based and how big is it?
- Deci is based in Tel Aviv, Tel Aviv District, Israel.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Science And Engineering around the same time
Companies in the same sectors as Deci that raised within 45 days of this round, from Fundz verified event records.
- FourKites, Inc. raised $30M (Funding Round) on August 26, 2022.
- Inworld AI raised $50M (Series A) on August 23, 2022.
- BrainBox AI raised an undisclosed amount (Series A) on July 26, 2022.
- Spice AI, Inc. raised $15M on July 15, 2022.
- Bobidi raised $5.8M (Funding Round) on July 14, 2022.
- Modular raised $30M (Seed) on June 30, 2022.
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- The decision-makers there, with verified emails
- Who you already know at Deci, from your own LinkedIn network
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Funding Insights
What this usually meansDeci raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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