Diveplane Funding: Raises $25M in Series A
Diveplane, a Raleigh, North Carolina-based company keeping humanity in artificial intelligence (AI), raised $25M in Series A funding.
Backers included Sigma Defense LLC, a portfolio company of Sagewind Capital, Shield Capital, Calibrate Ventures and L3Harris Technologies. As part of the agreement, Philip Bilden, Managing Partner of Shield Capital, will join the Diveplane board of directors.
The company intends to use the funds to invest further in its AI solutions, while facilitating targeted growth to meet increased market demand.
Founded in 2018 by Dr. Michael Capps and Dr. Chris Hazard, Diveplane helps businesses and government organizations concerned with data privacy to better understand and leverage the power of their data through AI tools that are trainable, interpretable and auditable. The company’s solutions are designed around the principles of predict, explain and show, creating user confidence that operational decisions are built on a foundation of fairness and transparency.
Putting the Humanity Back into AI. Diveplane® offers AI-powered business solutions across multiple industries. With nine patents approved and over 40 pending, our groundbreaking next generation AI gives you full understanding and control over your automated business processes. We designed this technology to put machines and people in harmony to produce verifiable data intelligence in support of leading-edge competitive business strategies.
When was Diveplane founded?
Diveplane was founded in 2018
Who is the Founder of Diveplane?
Diveplane was co-founded in 2018 by Michael Capps, former president of the Cary, North Carolina-based Epic Games. In the past four years, Diveplane has attracted a number of notable clients and investors, including several American soccer stars.
Is Diveplane Hiring?
Diveplane is hiring for multiple positions like Senior machine learning engineer, senior full stack developer,machine learning engineer and more, for applying you can check their linkedin page
What is the Team Size of Diveplane?
As per the popular social media site LinkedIn, Diveplane has 27 employees.
Where is the Head Office of Diveplane?
Diveplane is headquartered in Raleigh, North Carolina.
How much is the revenue of Diveplane?
Diveplane has not publicly revealed the revenue in the last round of funding.
Diveplane Raises $25M in Series A Funding.Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
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