AuxoAI raises $20.7M Series A led by NTT Venture Capital
Overview
AuxoAI Inc. has raised $20.7 million in a Series A round led by NTT Venture Capital, a Silicon Valley venture firm backed by Japanese technology conglomerate NTT Inc., according to the company's announcement.
AuxoAI says it will use the funding to scale its enterprise AI consulting model, building and deploying AI systems for large businesses.
The company says it places on-site engineers with Global 2000 enterprises and offers a toolkit, Damia FDE Workbench, that turns business processes and company data into AI agents. SiliconANGLE reports that Norwest Venture Partners, ServiceNow and Charlesbank also took part in the round, with George Still Jr., Amit Zavery and Giacomo Sonnino participating.
Written by AI from the articles below · updated Oct 20, 9:59 AM ET
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- SiliconANGLE · AINewsAuxoAI raises $20.7M Series A to scale enterprise AI consulting
AIAuxoAI Inc. has raised $20.7 million in a Series A round led by NTT Venture Capital to scale its enterprise AI consulting model. The company builds AI systems for Global 2000 enterprises with on-site engineers, and its Damia FDE Workbench toolkit turns business processes and company data into AI agents. The round also drew Norwest Venture Partners' George Still Jr., ServiceNow's Amit Zavery and Charlesbank's Giacomo Sonnino.
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