Skytree Grabs $1.5M in First Funding Round

Skytree is a San Jose company that officially launched last month after 2.5 years in stealth mode. It's a small company, but is developing a very interesting product... a platform for machine learning (or artificial intelligence). The technology is going to be used to analyze and find patterns in massive amounts of data. One example of this type of number crunching is how Netflix uses your ratings and watch history to select which movies to recommend to you. Skytree's platform could greatly enhance the accuracy of these recommendations by using machine learning to look for patterns and correlations that people would not even think to look for.

In addition to coming out of stealth, they grabbed $1.5M in a series A funding round. For more info you can check out their website over here.

Source: SJBJ