By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Tempo AI, which created the Tempo Smart Calendar—a personal productivity and calendar app that utilizes Artificial Intelligence—has raised $10 million in Series A funding. The round was co-led by Relay Ventures and Sierra Ventures. The startup is a spinoff from SRI International, the non-profit research organization behind AI technologies like Apple’s Siri, among others. Tempo AI claims that its app utilizes AI and semantic learning technology to create a personalized productivity experience that anticipates needs and helps users complete tasks. The Menlo Park-based company, which was founded in 2011, previously raised $2.5 million in a Seed round.
Vital Stats:
Website: www.tempo.ai
HQ: Menlo Park, California
Year Founded: 2011
Founders: Raj Singh (CEO), Corey Hulen (CTO), Thierry Donneau-Golencer (Product Manager)
Investors: Relay Ventures, Sierra Ventures, Mayfield Fund, Qualcomm Ventures, SingTel Innov8, Golden Venture Partners, Horizons Ventures, ENIAC Ventures, Miramar Venture Partners, Seavest Capital Partners
Innovation: Personal productivity app that utilizes advanced AI and semantic technologies.
Total Funding: $12.5 million
(Sources: Tempo AI, Relay Ventures, CrunchBase, SRI International)
More funding and acquisitions news…
Cross-Network Ad Startup AdStage Acquires Semply, Raises An Additional $100K (via TechCrunch)
App Infrastructure Startup Firebase Raises $5.6M From Union Square And Flybridge (via TechCrunch)
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