Low-Code AI Platform AI Squared Announces a $6M Series Seed Financing
Gunderson Dettmer represented client AI Squared in its $6 million Series Seed financing led by NEA with participation from Ridgeline Partners. AI Squared helps companies adopt artificial intelligence by using and integrating its low-code platform into existing applications, allowing for increased productivity. The company will use the new capital to grow its engineering and sales teams, as well as expand its community relations.
In the announcement of the transaction, CEO of AI Squared Benjamin Harvey said, "If you're a data scientist or engineer, and you're struggling to quickly integrate machine learning into your web-based business applications due to the complexities of deployment and development, we're here for you. AI Squared is the easiest way to empower end users to leverage results of AI and ML that are accurate, actionable, relevant, timely and contextualized for in-app decision intelligence."
The Gunderson Dettmer deal team was led by Brian Patterson and included David Sharrow, Jas Johnson, Ian Jong and Chris Romano.