From SiliconANGLE · Kyt Dotson · · 1m 30s
AuxoAI Raises $20.7M for Enterprise AI
AuxoAI secures $20.7M Series A funding to scale enterprise AI consulting and transform work processes.
In brief
AuxoAI secures $20.7M Series A funding to scale enterprise AI consulting and transform work processes. AuxoAI raised $20.7 million in Series A funding to expand enterprise AI consulting and build AI-native solutions for businesses. Originally reported by SiliconANGLE.
AuxoAI Announces Series A Funding
AuxoAI Inc., an enterprise engineering and consulting company that helps large businesses build and deploy artificial intelligence systems, today announced it has raised $20.
Three Years of Enterprise AI Work
The company said it has spent over three years working with Global 2000 enterprises and strategic partners, bringing AI into the core of their operations.
AI Solutions for Businesses
AuxoAI builds AI solutions by sending on-site engineers and strategy teams to understand enterprise culture, data, workflow automation and customer engagement to tailor experiences to business and employee needs.
Damia Platform
At the core of the company’s platform is Damia, which the company describes as an FDE Workbench, or "forward-deployed engineer" toolkit that also transforms data into applications and licenses for customers.
Intelligence Embedded in Work
The company calls this effect "intelligence embedded in the work itself," where consulting treats AI as a lever or tool for the customer rather than an end product.
Key Partnerships
AuxoAI partners with companies that businesses already know and trust, including Google LLC, Amazon Web Services Inc., Snowflake Inc., Databricks Inc. and Microsoft Corp.
Funding Round Details
NTT Venture Capital, a Silicon Valley venture capital firm backed by Japanese technology conglomerate NTT Inc., led the funding round.
The headline
AuxoAI raised $20.7 million in Series A funding to expand enterprise AI consulting and build AI-native solutions for businesses.
