The London based data technology start up secured backing from the Angel CoFund to advance its artificial intelligence platform.
"DPL’s unique platform has the ability to transform marketing and customer engagement for countless businesses, and offers a considerably enhanced experience for end consumers. We are very pleased to be supporting a highly experienced team bringing a truly game changing product to market with this funding round, and look forward seeing clients really tangibly benefit from the team’s insights."
Thames Trust, Ace and Co, and Downing Ventures backed the round to support artificial intelligence research and international growth.
"At Abaka, we believe that harnessing AI-led solutions has the potential to revolutionise the retirement and savings industry, using what we call Artificial Financial Intelligence to help financial services companies better engage their clients in financial planning."
FTV Capital led the investment round with participation from Weatherford Capital to advance workforce development and global market expansion.
"CloudFactory is poised for tremendous growth across many industry verticals where executives are clamoring for data labeling capabilities that meet superior quality standards and are consistently delivered. We are excited to partner with CloudFactory’s proven management team who have the unique vision and exemplary execution skills to achieve their business goals and successfully fulfill their mission."