Artificial intelligence co Voyager Labs raises $100m

Voyager Labs Photo: PR

The Israeli startup, which has emerged from stealth, has developed an AI engine for risk assessment, crisis management, intelligence, and fraud protection.

Israeli artificial intelligence startup Voyager Labs has emerged from stealth mode with customers, use cases, and $100 million in funding. Voyager Labs has raised the funds from prominent investors including Sir Ronald Cohen, Lloyd Dorfman, OCAPAC Holding Company, and Horizons Ventures to help finance the companys next generation solutions for the financial and e-commerce markets. The company has 90 employees at its R&D center in Hod Hasharon and offices in New York, Washington and London.

Founded in 2012, Voyager Labs has developed an artificial intelligence engine that combines expert systems with deep-learning algorithms and is capable of extracting dynamic, real-time, and tailored insights into human behavior by analyzing massive amounts of publicly available unstructured data.

Voyager Labs was founded by CEO Avi Korenblum, who served in the Israeli intelligence community for 20 years. He founded the company with a vision of making the ever-growing richness of publicly available data accessible and usable in a smart way for the benefit of all. The companys cognitive computing deep-insights platform makes it possible for enterprises across a variety of market sectors to make highly accurate decisions, based on a previously untapped vault of information.

He said, Powered by our sophisticated cognitive computing deep-insights platform, publicly available data becomes a treasure trove of information which can provide unprecedented value to businesses. Despite the elusive nature and overwhelming proliferation of unstructured data, we can extract precise, meaningful insights from this data to benefit our customers.

Voyager Labs sophisticated deep-insights platform provides a vital resource for customers in the public, retail, consulting and financial sectors who have benefited from its new level of insights and is used effectively today for risk assessment, crisis management, intelligence, and fraud protection.

Published by Globes [online], Israel business news - www.globes-online.com - on November 1, 2016

Copyright of Globes Publisher Itonut (1983) Ltd. 2016

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Voyager Labs Photo: PR
Voyager Labs Photo: PR
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