Predictive AI Startup Kumo Raises $18 Million in Series B Funding Led By Sequoia Capital; Will Broadly Roll Out First Version of Its Product on October 16

Published by: Business Wire

Founded by former executives at Airbnb, Pinterest, LinkedIn, and Stanford University, Kumo recently launched their next-generation approach to AI over cloud based data with several leading companies

SAN FRANCISCO–(BUSINESS WIRE)–Kumo, a graph machine learning-centered AI platform that allows anyone in an organization to harness the power of data to make faster, simpler, and smarter predictions, today announced it has raised $18 million in Series B funding led by Sequoia Capital and on October 16, anyone can sign up for Kumo’s first release of the product via Kumo’s website. This latest round also includes participation and/or advisorship from existing and new investors including A Capital, SV Angel, Ron Conway, Michael Ovitz, Frank Slootman, Kevin Hartz, Clement Delangue, and Michael Stoppelman, among others. Kumo will use the new funding to continue its hiring efforts, bring its leading AI technology to more companies, and invest in R&D efforts to expand its platform and services. On October 16, anyone can sign up for Kumo’s first release of the product via Kumo’s website.

“Kumo brings a new paradigm for predictive AI over cloud-based data powered by graph ML which we are thrilled to be in a position to introduce more broadly to the world”…

* * *

Continue reading on Business Wire
https://www.businesswire.com/news/home/20220927005002/en/Predictive-AI-Startup-Kumo-Raises-18-Million-in-Series-B-Funding-Led-By-Sequoia-Capital-Will-Broadly-Roll-Out-First-Version-of-Its-Product-on-October-16