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

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