logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

TurbineOne Inc. raised $15M in a funding series A led by Bessemer Ventures Partners with participation from The General Partnership and XYZ Ventures to accelerate its rapidly growing business in national security markets.

Mar 27, 2024over 1 year ago

Amount Raised

$15 Million

Round Type

series a

San FranciscoSoftware

Investors

Pallas VenturesXyz VenturesThe General PartnershipBessemer Ventures Partners

Description

TurbineOne Inc. announced a $15-million Series-A round led by Bessemer Ventures Partners with participation from The General Partnership, XYZ Ventures, and Pallas Ventures. The funding will be used to accelerate its rapidly growing business in national security markets as the Defense Department adopts ML solutions to sort through the fog and friction of the modern battlefield.

Company Information

Company

TurbineOne

Location

San Francisco, California, United States

About

TurbineOne delivers do-it-yourself Artificial Intelligence & Machine Learning (AI/ML). TurbineOne’s Frontline Perception System (FPS) allows users to build, tune, and deploy computer-powered recognition algorithms without having to code and without requiring a cloud. The FPS is applicable to organizations that are overwhelmed with vast quantities of data from different sensors and need to empower analysts to quickly find what’s important.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech