|XDATA – December 23rd 2015|
|Semantic Machines placed $12.38 million worth of securities as part of a non-brokered equity financing round. The placement, which started on December 9th, lured a total of eleven subscribers. No offering was previously initiated by the company under a registration exemption with the SEC.|
|The company is developing the fundamental artificial intelligence technology needed to make conversational computing a reality. Financial backers include Bain Capital Ventures, General Catalyst Partners, Justin Kan, Ray Stata, and Sound Ventures.|
|The company is headquartered in Newton MA. Semantic Machines elected to keep its revenues undisclosed.
The executive team includes Damon Pender, Daniel L Roth and Julio E Vega.
The board of directors includes Larry Bohn and Scott Friend.
Company: Semantic Machines
Industry: Other Technology
Amount offered: $12.38 million
Amount placed: $12.38 million
SEC filing: Source
First sale: 12-09-2015
Data as of: 12-23-2015