News

Boston-based call analytics startup Cogito today closed a $25 million convertible debt round led by Goldman Sachs Growth Equity, Salesforce Ventures, and other new and existing investors. The company says this latest capital will be used to expand its go-to-market efforts and accelerate the development of new products. Algorithm-driven call center platforms promise unprecedented insight into the…

Autodesk today announced that it has acquired Oslo-based Spacemaker for $240 million. While Autodesk CEO Andrew Anagnost said he’s excited about the potential for Spacemaker to aid urban planning, he also believes the startup’s underlying technology will help catalyze AI development across his company. Autodesk has been pioneering next-generation technology for designers for almost four…

Presented by Dataiku AI initiatives need more than a Center of Excellence. Being able to deploy AI at scale starts with choosing the operating model for your use cases and business objectives. For a deep dive into the three primary models, their pros and cons, plus real-world case studies, don’t miss this VB Live event. Register here for free. “No one should select an AI operating model just…

Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in an equity funding round led by Altimeter Capital. DataRobot says the pre-IPO round — which included new and existing investors T. Rowe Price, Blackrock, Silverlake, NEA, and Tiger — values the company at over $2.7 billion. The benefits of AI and machine learning can feel intangible…