Vanedge Capital leads $5 mln Series A financing of Bitfusion
Bitfusion, a U.S. provider of artificial intelligence (AI) infrastructure management software, has secured US$5 million in a Series A financing. The round was led by Canadian venture capital firm Vanedge Capital. It was joined by new and existing investors, including Sierra Ventures, Data Collective, Resonant VC and Geekdom. Bitfusion, founded in 2015 and headquartered in Sunnyvale, California, also announced the beta availability of a new software product, Bitfusion Flex, which aims to make the delivery of AI applications faster and more cost effective. Earlier in 2017, Vanedge closed its second information technology fund, raising $161 million.
2 May 2017•4 mins read
