Tech Company Financing Transactions

H2O.ai Funding Round

H2O.ai closed a $40 million Series C investment round on 12/1/2017. Backers included NVIDIA, Wells Fargo & Co. and Aegon.

Transaction Overview

Company Name
Announced On
12/1/2017
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series C
Investors

NVIDIA (Lead Investor) (Jeffrey Herbst)

Wells Fargo & Co. (Lead Investor) (Basil Darwish)

Aegon

Crane Venture Partners

New York Life Capital Partners

Nexus Venture Partners (Jishnu Bhattarcharjee)

Transamerica Ventures

Proceeds Purpose
The new investment will be used to further democratize advanced machine learning and for global expansion and innovation of Driverless AI, an automated machine learning and pipelining platform that uses AI to do AI.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
2307 Leghorn St.
Mountain View, CA 94043
USA
Website
Email Address
Not Recorded
Overview
H2O makes Hadoop do Math! H2O scales statistics, machine learning and math over Big Data. H2O keeps familiar interfaces like R, Excel & JSON so that big data enthusiasts and experts can explore, munge, model and score data sets using a range of simple to advanced algorithms.
Profile
H2O.ai LinkedIn Company Profile
Social Media
H2O.ai Company Twitter Account
Company News
H2O.ai News
Facebook
H2O.ai on Facebook
YouTube
H2O.ai on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
SriSatish Ambati
  SriSatish Ambati LinkedIn Profile  SriSatish Ambati Twitter Account  SriSatish Ambati News  SriSatish Ambati on Facebook
Chief Financial Officer
Jon Oslowski
  Jon Oslowski LinkedIn Profile  Jon Oslowski Twitter Account  Jon Oslowski News  Jon Oslowski on Facebook
Chief Marketing Officer
Ingrid Burton
  Ingrid Burton LinkedIn Profile  Ingrid Burton Twitter Account  Ingrid Burton News  Ingrid Burton on Facebook
Chief Technical Officer
Arno Candel
  Arno Candel LinkedIn Profile  Arno Candel Twitter Account  Arno Candel News  Arno Candel on Facebook
VP - Customer Service
Venkatesh Yadav
  Venkatesh Yadav LinkedIn Profile  Venkatesh Yadav Twitter Account  Venkatesh Yadav News  Venkatesh Yadav on Facebook
VP - Engineering
Michal Malohlava
  Michal Malohlava LinkedIn Profile  Michal Malohlava Twitter Account  Michal Malohlava News  Michal Malohlava on Facebook
VP - Human Resources
Das Narayanan
  Das Narayanan LinkedIn Profile  Das Narayanan Twitter Account  Das Narayanan News  Das Narayanan on Facebook
VP - Sales
David Armstrong
  David Armstrong LinkedIn Profile  David Armstrong Twitter Account  David Armstrong News  David Armstrong on Facebook


 

 

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We report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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