Engineer.ai,
is an AI assembly line that helps companies build and operate
custom-made software, has raised $ 29.5 million of Series A funding led
by Lakestar and Jungle Ventures with a partnership with SoftBank's
Deepcore.
Earlier, the CEO of Engineer.ai said,
the company used 65 percent of the fresh capital for engineering
purposes and customer acquisition. The company's current headcount is
150 worldwide, and the company claimed that it will doubled in the
coming years.
The
platform currently employs 32,000 engineers, of which 10,000 are from
India. "It will go up to 250,000 engineers from India within 24 months,"
Engineer.ai said.
The
company's newly launched product, called 'Builder', is an AI-powered
software assembly line, which breaks projects into smaller building
blocks of re-usable features that are customized by engineers for
bespoke software “at a fraction of the price and time of traditional
development”, it claims.
Source : http://engineerai.mystrikingly.com/blog/engineer-ai-use-65-of-fresh-capital-for-engineering-and-rest-for-customer
Source : http://engineerai.mystrikingly.com/blog/engineer-ai-use-65-of-fresh-capital-for-engineering-and-rest-for-customer
