H2O.ai Secures $20,000,000 Series B Financing Round

  • Feed Type
  • Date
    11/9/2015
  • Company Name
    H2O.ai
  • Mailing Address
    2307 Leghorn St. Mountain View, CA 94043 USA
  • Company Description
    H2O is for data scientists and application developers who need fast, in-memory scalable machine learning for smarter applications. H2O is an open source parallel processing engine for machine learning.
  • Website
    http://www.h2o.ai
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    H2O.ai will use its Series B raise to scale the company’s sales, marketing and customer success teams and to support exponential growth in customers and community. Funds will also be used to build a robust ecosystem of partners on the H2O platform and its delivery via the Steam and Sparkling Water products.
  • M&A Terms
  • Venture Investor
    Paxion Capital Partners
  • Venture Investor
    Nexus Venture Partners
  • Venture Investor
    Capital One
  • Venture Investor
    Transamerica Ventures