Quantiphi Receives USD20 Million from Multiples

Source(s): Quantiphi

India- and US-based enterprise software company Quantiphi has secured USD20 million in Series A funding from India-focused private equity firm Multiples Alternate Asset Management. Quantiphi offers applied artificial intelligence, machine learning and big data solutions to companies around the world. The company reportedly intends to use the new capital to deepen its presence in North America and Europe and invest in research and development.