Algorithmia snaps up $25 mln Series B

Seattle-based Algorithmia, an open marketplace for algorithms, has raised $25 million in Series B funding. Norwest Venture Partners led the round with participation from Madrona, Gradient Ventures, Work-Bench, Osage University Partners and Rakuten Ventures. In addition to the funding, Rama Sekhar, a partner at Norwest, has joined Algorithmia’s board of directors.

Source: Press Release