RALEIGH – InsightFinder, the artificial intelligence startup founded by an N.C. State professor, has new cash as part of an ongoing fundraiser.
The firm has raised $725,000, according to an SEC filing. And it is seeking another $25,000.
Seven investors are part of the deal, which is a mixture of debt.
The company says it does not expect the funding to last more than a year.
Screen shot from InsightFinder website
InsightFinder landed $2 million in seed funding a year ago.
The startup for IT operations (AIOps) platform provider.
Durham-based Idea Fund Partners is an investor. Other backers include Eight Roads Ventures and Acadia Woods Partners.
The company was founded by Helen Gu, a computer science professor at North Carolina State University.
InsightFinder provides innovative unsupervised machine learning technology to predict potential incidents and prevent service outages. With full-stack visibility across an entire IT system, InsightFinder allows IT leaders to pinpoint root causes, predict incidents, and prevent costly outages.
The platform also diagnoses the root cause of each system issue, and provides automated self-healing capabilities to minimize the impact of service outages. InsightFinder’s AIOps platform can be delivered as a cloud service or as on-premise deployment.
