Aug 10, 2023

Virtualitics raises $37M for AI-driven, 3D data exploration

Posted by in categories: business, robotics/AI

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California-based Virtualitics, a startup providing enterprises with an AI-driven platform for 3D data exploration, today announced $37 million in a series C round of funding. The company said it will use the capital to expand its footprint and add more capabilities to its offering to make it easier for users to analyze and understand complex, business-critical datasets.

The round has been led by Smith Point Capital with participation from Citi and advisory clients of The Hillman Company, among other investors. It takes the total capital raised by Virtualitics, which took off from Caltech and NASA’s Jet Propulsion Lab in 2016, to $67 million.

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