Weekly Refresh: ScaleFactor Nets $60M, Hypergiant Announces A Big Partnership

by Sophie Kalt
August 12, 2019

 

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photo via shutterstock

ScaleFactor is on a hot funding roll. ScaleFactor, a platform that helps small and medium-sized companies manage their finances, raised $60 million in a Series C. That brings their total funding to $100 million just this year. ScaleFactor plans to use the latest funds to continue adding to their 219 person team in Austin and to expand their product offering. [Built In Austin]

Virginia-based consulting company Booz Allen Hamilton and Austin-based Hypergiant Industries have paired up. The collaborating team will work on bringing AI solutions to a host of clients, including the U.S. government, government contractors and the private sector. Some of these projects include electronic records in the ER, catching fraud during tax season, protecting against malware and more. [Press Release]

SparkCognition launches a new version of its machine learning product Darwin. Darwin is an automated model building product that helps organizations quickly scale their data science across teams. [Press Release]

360training announces Ryan Linders as its new chief marketing officer. Linders has 20 years of marketing experience at companies including Whole Foods Market, JCPenney and more. In his new role, Linders will lead marketing strategy for the e-learning, training and workforce compliance company. [Press Release]

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