Top Executive: Ashutosh Garg, founder, CEO
Headquarters: Santa Clara, Calif.
On June 10, Eightfold.AI announced a $220 million Series E funding round to grow its partner ecosystem and its AI-powered platform for reskilling and upskilling employees.
Dubbed the Talent Intelligence Platform, Eightfold’s platform offers customers a way to look at the roles and skills of employees, job candidates and contractors, according to the company’s website. Its AI uses neural networks that pull from billions of global data points for its insights.
Eightfold investors include a SoftBank fund, General Catalyst and Capital One Ventures. Among the startup’s partners are Deloitte, SAP, PwC, Accenture and Oracle.
The startup was founded in 2016 and has raised $396.8 million to date, according to Crunchbase. Last year, CRN named Eightfold one of the 12 Coolest Machine-Learning Startups Of 2020.