H2O.ai Raises M For Its Open Source Machine Learning Platform

H2O is an open source platform for data scientists and developers who need a fast machine learning engine for their applications. H2O.ai, the company behind the service, today announced that it has raised a $20 million Series B funding round led by Paxion Capital Partners (the new firm of GoPro board member Michael Marks) and existing investors Nexus Venture Partners and Transamerica. New investor Capital One Growth Ventures also joined this round. In total, the company has now raised $34 million.The H2O platform the company’s main product, but it also offers a number of tools around that platform. These include Sparkling Water, which combines the Apache Spark data processing engine with the H2O platform (see where that name comes from?), as well as Flow, an open source notebook-style user interface for H2O…

Link to Full Article: H2O.ai Raises M For Its Open Source Machine Learning Platform

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