H20.ai announces Series D funding

Gunderson Dettmer client and open source leader in artificial intelligence and machine learning H20.ai has raised $72.5 million in a Series D financing. The round was led by Goldman Sachs and the Ping An Global Voyager Fund with participation from Wells Fargo, NVIDIA and Nexus Venture Partners.

In the announcement of the funding founder and CEO Sri Ambati said, “H20.ai is democratizing AI and powering the imagination of every entrepreneur and business globally – we are making them true AI superpowers. Our customers are unlocking discovery in every sphere and walk of life and challenging the dominance of technology giants. This will be fun.”

The Gunderson Dettmer deal team was led by Andy Bradley and included Hannah Porter, Shefali Tandon and Julie Mahoney.