Skymind raises $11.5M to bring deep learning to more enterprises

Skymind, a Y Combinator-incubated AI platform that aims to make deep learning more accessible to enterprises, today announced that it has raised an $11.5 million Series A round led by TransLink Capital, with participation from ServiceNow, Sumitomo’s Presidio Ventures, UpHonest Capital and GovTech Fund. Early investors Y Combinator,  Tencent, Mandra Capital, Hemi Ventures, and GMO Ventures, also joined the round/ With this, the company has now raised a total of $17.9 million in funding.

Ironclad raises $23 million in funding from Sequoia

When Jason Boehmig was in law school at Notre Dame in 2012, he decided he really wanted to be in technology. So he sent a cold email to Ted Wang, who was one of Silicon Valley’s most prominent lawyers, having represented Facebook, Twitter, Dropbox, Square and Spotify.

Boehmig asked Wang for a 15-minute meeting to pitch him on his idea to bring intelligent software to the legal world. Wang agreed to hear him out, so Boehmig hopped on a plane from Indiana to meet with the lawyer in the Bay Area.