The cybersecurity firm will use the capital to open a US headquarters and expand its product suite.
"To be a genuine partner to our customers, we must help them protect against multiple interconnected threat vectors. As a result, we built a platform that enables rapid iterations across multiple products that all share a solid, enterprise-ready foundation. We are grateful for the support of our investors to scale our platform and deliver even more value to our customers."
The extension features participation from MMC Ventures and a new key investor.
"The range of existing and new investors is a fantastic endorsement of both our strategy and the global applicability of the solutions we provide to solve a need in the market. This extended funding will give us the ability to focus upon growth in both Asia and in the U.K. We have been expanding the team to support this and signing new partnerships in the region, such as the recently announced involvement with AIA Group, Asia’s largest pan-Asian Life Insurer."
The funding round was led by MMC Ventures alongside Ataraxia, Acequia Capital, and notable angels.
"C the Signs is great for managing our cancer risk. I ran a middle-aged chap through the tool and followed the advice to order a chest x-ray and later sent a 2-week-wait referral to respiratory. It led to a lung cancer diagnosis, and he has since been operated on and doing well."
Highland Europe led the round with participation from abrdn, Redline Capital, MMC, Hearst and GMG Ventures.
"Our vision at Signal AI is to transform business decision making through augmented intelligence. We are thrilled to have Highland Europe and abrdn join us in this latest round and appreciate the continued belief and support of our existing investors. The investment will allow us to continue to attract the best in class ML and AI product engineering talent, to scale our AIQ platform, grow our international hubs and advance the use of our decision augmentation solution with some of the world’s biggest companies."
Kleiner Perkins leads Series B investment in artificial intelligence video platform Synthesia.
"Today, consumers expect video and audio content. And they take that preference with them to work. We’re seeing this drive rapid demand for scaleable content creation solutions in the enterprise,"