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wise.io

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$3.79M

About Wise.io

Wise.io is a machine-learning powered service that delivers rapid, collaborative prototyping and production deployment of advanced machine learning solutions, and helps businesses find patterns and trends in their vast data stores.

Wise.io Headquarter Location

2150 Shattuck Avenue Suite 525

Berkeley, California, 94704,

United States

510-280-3545

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Expert Collections containing Wise.io

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wise.io is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

8,694 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Wise.io Patents

Wise.io has filed 2 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/7/2014

4/24/2018

Artificial intelligence, Decision trees, Classification algorithms, Parallel computing, Computer memory

Grant

Application Date

5/7/2014

Grant Date

4/24/2018

Title

Related Topics

Artificial intelligence, Decision trees, Classification algorithms, Parallel computing, Computer memory

Status

Grant

Latest Wise.io News

GE acquires AI startups Bit Stew Systems, Wise.io: Reuters

Jan 31, 2017

GE acquires AI startups Bit Stew Systems, Wise.io: Reuters November 15, 2016 By Reuters News General Electric said on Tuesday it has acquired two technology startups to build its artificial intelligence capability, a move that helps it compete with IBM‘s Watson product. GE said the acquisitions of Bit Stew Systems and Wise.io will expand its Predix platform for industrial internet applications, which connects big machines such as power plants and aircraft engines to databases and analytical software. Terms of the deals weren’t disclosed. Berkley, California-based Wise.io has advanced machine learning technology that GE sees “as really well-built for the industrial world,” Bill Ruh, chief executive officer of GE Digital, GE’s software arm, said in an interview. A branch of artificial intelligence, machine learning allows computers to adapt to new data without new programming. Bit Stew, based in Vancouver, British Columbia, is partly backed by GE’s venture capital arm. It applies machine learning to large data sets associated with utilities, aviation, oil and gas production and manufacturing, according to the company’s web site. International Business Machines Corp‘s (IBM) Watson business is among the better known artificial intelligence systems, which enable computers to perform intelligent actions such as recognizing voices and making decisions. Update: Bit Stew was launched in 2009 and is led by CEO Kevin Collins. It raised its first funding in a Yaletown Partners-led Series A round in late 2013. GE led the company’s US$17.2 million Series B financing in 2015. BitStew also closed the first tranche of a Series C round in May. The investors included Yaletown, GE, BDC Capital, Cisco Systems and Kensington Capital Partners. (This story has been edited by Kirk Falconer, editor of PE Hub Canada) (Reporting by Alwyn Scott; Editing by Muralikumar Anantharaman) Photo courtesy of Reuters/Kevin Lamarque Take your pick! Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now . VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial  or subscribe now . Sign up to our Newsletter Receive updates from our PE HUB Wire and Top Stories of the Week newsletters: First Name:

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