Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Paris-based AI startup Sinequa raises €20.5M to expand internationally

Editorial team by Editorial team
July 10, 2019
in Startups, (Crowd)funding, News
0
Paris-based AI startup Sinequa raises €20.5M to expand internationally
50
SHARES
LinkedInTwitterWhatsAppFacebook

Sinequa, a Paris-based startup specialised in the AI-powered search and analytics market, recently announced a $23 million (€20.5 million) Series B funding round led by Jolt Capital and supported by Troismer BVBA, an existing investor. With this new funding, Sinequa will invest in its award-winning AI-powered search and analytics platform that connects knowledge workers in some of the world’s largest organizations with the information, expertise and insights necessary to make information-driven decisions.

According to IDC, by 2020 organizations able to analyze enterprise content and data assets to deliver actionable information and insights will achieve an extra $430 billion in productivity benefits over their less analytically oriented peers.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

Alexandre Bilger, CEO at Sinequa, said:

After investing years of research and development into building our world-class platform, Sinequa remains the only software company providing enterprise customers with the means to accelerate innovation, improve efficiency and agility. We do this by synthesizing all enterprise data, in all formats and all languages into accessible and useful information, securely and at scale. This round of financing will allow us to quickly achieve our vision to power the information-driven economy.

Fabrice de Salaberry, COO at Sinequa added,

Sinequa has recorded strong growth year over year culminating at 91 percent for 2018. With these additional resources, we will continue to innovate and focus on ways to better serve our customers while broadening our market footprint and expanding our partner ecosystem. The entire organization is excited to enter this new phase of accelerated growth.

Jean Schmitt, managing partner at Jolt Capital, said:

Our mission, as a private equity tech investor in Europe, is to back innovative technology companies like Sinequa, which deliver outstanding financial performance. Sinequa provides a comprehensive and robust AI-powered search platform using state-of-the-art natural language processing and machine-learning technologies enabling large organizations to extract value from data. Given this strong market pull, we are delighted to team up with Sinequa and support its next phase of global expansion.

Forrester Research recently recognized Sinequa as a leader in its “Forrester Wave: Cognitive Search, Q2 20191” report stating, “Sinequa augments intelligence en masse. Sinequa’s goal is to help organizations become ‘information driven’ by augmenting the intelligence of every employee. The company accomplishes this by surfacing knowledge, uncovering insights, and connecting experts via its cognitive search technology. Sinequa expertly balances using its own Natural Language Understanding technology in combination with the latest open source ML technology. It has significant industry expertise in and offers solutions for life sciences, financial services and manufacturing.”

Sinequa is an independent software vendor providing an AI-powered search & analytics platform for Global 2000 companies and government agencies that connects people with the information, expertise and insights necessary for organizations to become information-driven. For Sinequa customers, this means actionable information presented in context to surface insights, inform decisions, and elevate productivity. The platform has been forged by experience in projects for large organizations in complex environments with large and diverse sets of data and content. Sinequa’s unified platform is fully integrated and configurable to support current and future needs around becoming information-driven.

— Press release

Stay tuned to Silicon Canals for more updates in the tech startup world.

French deep tech AI scaleup METRON raises €10M funding, aims to expand globally now

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Nebula CTO Andre Witte
Cloud spend management 😱
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the...Show More
Tracking cloud spend can be tricky. Learn from Nebula's CTO Andre Witte how to keep the costs at bay in 2021. Show Less
Read more
Tags: AIFrench Startupsfunding
Share2Tweet7SendShare34

Featured events

07apr10:0012:30FeaturedWorkshop: pr for startupsHow to grow your startup with the help of public relations

Partner content | Work with us

Future Hamburg Award: Looking for the best startups to forge the city of the future

The Humblebrag launches online course to help emerging leaders amplify their visibility and voice

Blue Tulip Awards announce 5 finalists in the Food & Water and Education & Employment theme

Impact media foundation 5 Media offers grants up to €100,000 per year to drive a sustainable future

Here’s how cryptocurrency will take over the world

Breaking news from Amsterdam | Partner

Amsterdam-based Founda Health raises €12.3M to build infrastructure for global healthcare sector; here’s how

Combining financial with human capital in Amsterdam: Volta, LevelUp and Tech Rise on their approach

Here’s why Just Eat Takeaway is expanding its offices in Amsterdam

Amsterdam-based Veylinx uses Nobel Prize-winning approach to solve the problem of unreliable survey data; raises €1.6M

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info