The funding was led by DFJ, a longtime
Current investor Allen & Co took part in the funding round. It was joined by
Nervana developing specialized hardware for machine learning algorithms so computers can analyze large amounts of data and learn from it.
Jurvetson, the DFJ partner, said in a statement, Machine learning is the underlying technology that makes the explosion of big data manageable, with a technology sufficiently advanced as to appear magical at the first encounter.
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