Osage University Partners, Gradient Ventures and Rakuten Ventures featured in machine learning software developer Algorithmia's latest round, which brought its total to $37.9m.

US-based machine learning development software creator Algorithmia yesterday received $25m in a series B round backed by spinout-focused investment firm Osage University Partners (OUP). Norwest Venture Partners led the round, which also included Gradient Ventures, the artificial intelligence (AI)-focused investment unit of internet company Google, and Rakuten Ventures, the corporate venturing arm of e-commerce firm…

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