Scaled Inference, a US-based developer of artificial intelligence and machine learning tools, has raised $8m in series A funding from venture capital firm Khosla Ventures, TechCrunch reported on Friday.
Scaled Inference secured $5.6m in a series A round backed by investors including online portal Tencent, and VC firms Amplify Partners and Felicis Ventures earlier this year, according to TechCrunch.
The company is yet to launch a product but will eventually offer AI technology covering pattern recognition, anomaly detection, prediction, and predictive ranking. Initially, it will focus on the e-commerce and financial sectors.
Scaled Inference was co-founded in June 2014 by software engineers Olcan Sercinoglu and Dmitry Lepikhin, both of which previously worked on Google’s artificial intelligence project.
Sercinoglu said: “We seek to offer the same powerful technology as a public cloud [application programming interface[ to everyone and for virtually any application; anything from personalised magazines to intelligent context-sensitive address books, app launchers, e-commerce sites, disruptive data-driven startups (Uber, Airbnb, Rent a Runway), advertising systems, search engines, and so on.
“Ultimately, our goal is to power the most intelligent and popular products and services in the world.”