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AuxoAI Inc. announced the completion of a $20.7 million Series A funding round led by NTT Venture Capital. The funds will be used to accelerate the company's growth and expand its enterprise AI consulting model. AuxoAI's core platform, Damia, is a toolkit for "forward-deployed engineers" that can turn enterprise data into applications and encode business process knowledge into AI agents capable of long-term collaboration. According to the report, the company has worked with Global 2000 enterprises for more than three years and has established partnerships with platforms such as Google, AWS, Snowflake, Databricks and Microsoft. At present, the only factual development in this event is the aforementioned funding announcement.
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AuxoAI Raises Over $20 Million Series A to Bring AI Expertise to EnterprisesDevelopments
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- Source:SiliconANGLE
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Oct 20
SiliconANGLE
AuxoAI Raises Over $20 Million Series A to Bring AI Expertise to Enterprises
Enterprise engineering and consulting firm AuxoAI announced it has closed a $20.7 million Series A funding round led by NTT Venture Capital to accelerate growth and expand its enterprise AI consulting model. Its core platform, Damia, is a toolkit for "forward-deployed engineers" that turns enterprise data into applications and encodes business process knowledge into AI agents capable of long-term collaboration. The company has worked with Global 2000 enterprises for more than three years and has partnerships with platforms including Google, AWS, Snowflake, Databricks and Microsoft.