Palo Alto based AI startup Vianai Systems secured $140 Million in funding

Vianai Systems, Palo Alto based human-centered AI platform and products company has now secured $140 million in a Series B funding round.

Palo Alto headquartered Vianai Systems is founded by Dr. Vishal Sikka. It delivers the AI, ML, and data science platform and products to many of the largest and most respected businesses in the world to amplify the transformation potential within their organizations.

To date, Vianai Systems has secured a total of $190 million in funding in two funding rounds including the latest round.

Dr. Torsten Jeworrek, Member of the Group Executive Board and Global Head of Reinsurance at Munich Re, said, "Vianai’s human-centered approach to AI has been critical to the design of an advanced early warning system for our underwriters. The system, which extracts actionable insights from non-traditional data sources, has the potential to drive significant business value for us, and our customers. With Vianai as an innovation partner, Munich Re is on a path towards breakthrough digital transformation of our core business, and that of the industry as a whole."

Dr. Fei-Fei Li, Co-Director of the Stanford Institute for Human-Centered AI, said, "I am pleased to join Vianai as an advisor, as Vishal and his team work to make human-centered AI a reality for businesses. I believe that AI is made by humans, intended to behave by humans, and, ultimately, to impact human lives and human society. Its success depends on how humans and AI work together."

The round was backed by the SoftBank Vision Fund 2, Jim Davidson (co-Founder of Silver Lake), Henry Kravis and George Roberts (co-founders of KKR), and Jerry Yang (founding partner of AME and co-founder of Yahoo! Inc.).

The Palo Alto based AI startup, as of now, plans to use the new funds to accelerate the delivery of AI platforms and products to enterprises across the globe.

Post funding, Dr. Fei-Fei Li, co-director of the Stanford Institute for human-centered AI, will join the Vianai Systems, advisory board.