Cougar Capital is pleased to announce its participation in the Series A investment round of Neurala, a machine-learning/AI company. The Series A round was led by Pelion Venture Partners and included Tim Draper, Sherpa Capital, and other top VC’s and strategic investors.
Neurala provides out of the box access to powerful Deep Learning, Neural Network, and Artificial Intelligence software for a variety of applications. The Neurala software is able to work on the edge, meaning object recognition and processing can be done locally on the device, without the need to connect to servers. The advancements in AI that Neurala has made have garnered attention from some of the largest players in the self-driving car, drone, consumer electronics, and smart devices segments.