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Venture Capital News: Virtualitics Secures $37M Series C

2023-08-10
PASADENA, CA, Virtualitics, an artificial intelligence and data exploration company, today announced that it has raised $37 million in a Series C financing round.
The round was led by Smith Point Capital, LLC with participation from Citi and advisory clients of The Hillman Company, among other investors.

Virtualitics is pioneering Intelligent Data Exploration, delivering out-of-the-box artificial intelligence capabilities that make advanced analytics possible for more people and organizations. The Virtualitics AI Platform automatically discovers hidden patterns in complex, multi-dimensional data, delivering rich 3D visuals and immersive experiences that guide more informed decisions. Virtualitics helps public and private sector organizations gain real value from all of their data, accelerating their AI initiatives. The company's patented technology is based on more than 10 years of research at the California Institute of Technology.
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