Cycorp is a prominent player in the field of Enterprise AI, with a stated goal of ushering in The Next Generation of Enterprise AI. Established in 1994 and headquartered in the United States, the company specializes in Machine Reasoning AI. Their flagship CYC platform distinguishes itself by leveraging codified human common sense and knowledge, rather than just patterns and statistics. This unique approach, coupled with a potent reasoning engine, enables human-like machine cognitive processing. Cycorp's last investment of $7.00M in a Funding Round on 20 July 2017 underscores continued interest in the company. This financial support testifies to the potential of CYC Machine Reasoning AI to revolutionize or supplement intricate human workloads, particularly in high-risk use cases, industries, or regulatory environments where reasoning, planning, correctness, explainability, and auditability are critical. The company operates at the intersection of Enterprise Software and Health Care, positioning itself as a significant player in these industries. As AI continues to reshape various sectors, Cycorp's focus on machine reasoning could prove to be a strategic advantage, especially in industries where intelligent, logical decision-making holds substantial value.
Funding Stage | Amount | No. Investors | Investors | Date |
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Funding Round | $7.00M | - | 20 Jul 2017 |
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