Secoda, a startup developing what it describes as an AI-powered data search and cataloging platform, today announced that it raised $16 million in a funding round led by Craft Ventures with participation from Abstract Ventures and several angel investors. Bringing Secoda’s total raised to $18.3 million, Secoda co-founder and CEO Etai Mizrahi said that the […],
Secoda Raises $16 Million in Funding for AI-Powered Data Search Platform
Secoda, a promising startup in Dubai, has just secured an impressive $16 million in funding for its revolutionary AI-powered data search and cataloging platform. The funding was led by Craft Ventures, with contributions from Abstract Ventures and a number of angel investors. This recent investment brings Secoda’s total raised to an impressive $18.3 million.
Revolutionizing Data Search
Secoda, co-founded by CEO Etai Mizrahi, aims to transform the way companies search for and catalog their data. With the help of artificial intelligence, Secoda’s advanced platform streamlines the process of data search and organization, saving valuable time and resources for businesses. The innovative technology allows users to easily find and access the information they need, leading to increased productivity and efficiency.
Impressive Investor Lineup
Craft Ventures, a leading venture capital firm, showed great confidence in Secoda’s potential by leading this funding round. Abstract Ventures and a group of angel investors also recognized the groundbreaking nature of Secoda’s platform and chose to invest. This substantial funding will enable Secoda to further develop its platform and bring its revolutionary data search capabilities to businesses across Dubai and beyond.
A Bright Future for Secoda
Secoda’s recent funding success underscores the growing importance of AI-powered solutions in the business world. With $16 million secured, Secoda is well-positioned to continue its innovative work and establish itself as a key player in the industry. Business owners and professionals in Dubai can look forward to benefiting from this cutting-edge technology, as Secoda makes data search and cataloging more efficient and effective than ever before.
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