Acquires open source automation pioneer Robocorp to ignite a new era of intelligent agents for enterprise knowledge work.
Atlanta, GA – WEBWIRE – Monday, January 29, 2024
Sema4.ai is on a mission to build intelligent agents that transform how knowledge workers collaborate with AI. Led by open source pioneers and fueled by $30.5M from investors, including Benchmark, Mayfield, and Canvas Ventures, Sema4.ai is poised to become the leader in the $88B autonomous agent market. Today, the company announced the acquisition of open source automation innovator Robocorp, accelerating their position to build, run, and manage intelligent agents for the enterprise.
For the worlds billion knowledge workers, the promise of AI has yet to be realized. Large Language Models (LLMs) can summarize vast amounts of information and converse with humans but struggle to support and streamline the complex end-to-end workflows of knowledge workers. Existing enterprise automation solutions are limited to simple, repetitive, point-to-point tasks because they lack the fundamental competencies for knowledge work, such as the intelligence and reasoning to manage ambiguity, and the ability to adapt to changing enterprise context and take real-time action.
Sema4.ai enables meaningful human-AI collaboration, supporting and streamlining the complex decision-making of knowledge workers. Customers can now leverage the power of LLMs safely and securely across their most mission-critical workflows moving from low-level, low-value automation to native, ground-up, AI-based agents.
Sema4.ais founding team is made up of proven industry leaders Rob Bearden, Ram Venkatesh, Suds Menon, and Paul Codding, with deep expertise and decades of experience spanning data management, distributed systems, application development, and open source from companies such as Cloudera, Docker, Hortonworks, SpringSource, and JBoss. With this acquisition, Robocorp founder and CEO Antti Karjalainen joins the founding team, adding further depth of experience in open source and automation.
Our founders each have a proven track record of building significant enterprise software businesses, said Rob Bearden, CEO of Sema4.ai. Our acquisition of Robocorp was borne out of a deep conviction that intelligence without action is incomplete, and action without intelligence is, at best, non-strategic. Together, were well-positioned to build category-defining intelligent agents that connect context to action, changing how work gets done in the enterprise.
Benchmarks relationship with Rob Bearden has spanned 20+ years of open source success stories with over $2B in current product revenue from JBoss to, more recently, Cloudera, said Peter Fenton, General Partner at Benchmark. The pillars of his leadership, open source AI, and the agent technology of Robocorp will allow major enterprises to safely build, run, and manage paradigm-shifting AI applications, with the potency of an open source foundation that will only grow in strength with time.
As a People First investor, it is an honor to partner with the experienced founding team behind Sema4.ai as they pursue a transformational GenAI opportunity to accelerate the $88 billion AI economy, said Navin Chaddha, Managing Partner at Mayfield. Our investment in Sema4.ai reflects our belief that plumbing layers drive enterprise adoption during paradigm shifts. In the age of AI, we think of this as cognitive plumbing, as models/middleware/tools, data, infrastructure, and semis/systems automate cognitive tasks to unlock new possibilities.
Sema4.ai also announced a community release of a new AI Actions framework that integrates directly with LangChain and OpenAI.
With Sema4.ais Python-based AI Actions framework, teams can create intelligent agents that act against their enterprise systems using LLMs. Intelligent agents transform LLMs from information processors to active participants in enterprise systems, enabling completely new and practical use cases for Generative AI.
We see Python as the language of choice for developing intelligent agents, and thats why we expanded the Robocorp platform to focus on automation as code, said Antti Karjalainen, founder and CEO at Robocorp and co-founder of Sema4.ai. Our new integration with LangChain makes it possible for AI developers to use LLMs to take direct action against their enterprise applications and data, closing the loop from conversation to action to get real work done.
Over the coming months, Sema4.ai will focus on growth and hiring for key automation product areas. Open positions are posted on LinkedIn.
About Sema4.ai
Sema4.ai is on a mission to define the future of knowledge work by building intelligent agents that transform how knowledge workers collaborate with AI. With a founding team of proven industry leaders from companies such as Cloudera, VMware, Hortonworks, and JBoss, and the acquisition of open source automation pioneer Robocorp, Sema4.ais category-defining intelligent agents connect context to action, changing how work gets done in the enterprise. Sema4.ai is where the promise of AI meets the potential of people.
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NEW YORK, Jan 24, 2024 – (ACN Newswire) – Recently, Root Protocol announced the close of $10M in funding across two rounds, bringing the total valuation of the project to $100M.
The funding rounds, which gave Root Protocol a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors, including Shima Capital, DFG Group, Signum Capital, Ankr Network, Digital Strategies, CMS Holdings, Double Peak, GenBlock Capital, Cypher Capital and Basics Capital. New investors announced are Dao5 and Gate Labs Ventures.
The founding team members, collaborators and advisors of Root Protocol are from Consensys, Bankless Ventures, Ontology, Polygon, CoinShares, Morgan Stanley, DCG, Stanford University and MIT, and are a group of longtime crypto and Web3 builders and enthusiasts. Highlighted Advisors and Angels include Meltem Demirors, Evin McMullen, Ben Lakoff, and Tekin Salimi.
Root Protocol’s raise comes as the market sees renewed interest into decentralized identity protocols, especially those that saw high growth during the bear market: Root Protocol’s B2C product, Isme.is, has almost 500,000 unique and human readable .isme (e.g. satoshi.isme) DID accounts claimed and over 250,000 verified (via social linkages) DID accounts active.
“We are confident in the vision of data sovereign individuals and so are our great investors and collaborators. Just like the traditional banking model had been revolutionized by crypto, the dominant web2 platform model will be revolutionized by DIDs, blockchain technology, and users having data sovereignty and data leverage-ability, whether on-chain or off-chain. Thankfully, some of the key building blocks are now well in place for us to achieve this fully: Our new architecture built on the top of Layerzero (interoperability) and Celestia (Rollup & DA). Root Protocol is the root of Web3.”,CEO and Co-Founder Dylan Dewdney
According to CoinDesk “Funding in Web3 projects saw a decline during the bear market of the last 18 months as they were possibly seen as risky and unproven by investors. Root Protocol raising a healthy sum at the seed stage may then be a sign that things have changed.”
This fresh capital will help Root Protocol in their new, more comprehensive vision of building an operating system with the composition of an intent-centric aggregator of digital identity, social network, and more, to enable unified access to Web3. It consists of four main components, including the Root Operation Executor, Root Chain (Rollup), Root Account, and Root Indexer, all of which operate together to facilitate effortless interoperability, scalability, and composability. They believe that most of the complexities of an any online experience that utilizes web3 technologies can be abstracted away at the user account level, where they can have a UI and UX that is tantamount to a Web3 back-ended, data sovereign, and individual mission control type of setup.
At the highest level, Root Protocol wants to put you in full control of your digital identity and become a one-stop station for all things decentralized identity for the next billion users engaging with the new architecture of the internet — Web3.
Media Contact Company: Root Protocol Contact: Media Team Website: https://root.xyz/
INDIANAPOLIS – Nov. 12, 2023 – PRLog — Approximately 250 people attended the Inaugural Blue Ties and Diamonds Gala dinner and auction on 25 Aug 2023 in support of INAD Warriors, Inc. and their mission to advance opportunities to understand INAD and support research of potential first approved treatments for the ultra-rare genetic pediatric disorder INAD. The Gala and auction, which took place in the historic Columbia Club, on Monument Circle, Downtown Indianapolis, raised $70,000 through ticket sales, corporate sponsorships and auction items sales.
The event kicked off the recently formed nonprofit’s schedule for an annual Gala and other grassroots fundraising events this year and ongoing.
The live and silent auction items included a five night stay on the beautiful island of St. Kitts, a weeklong vacation at Harbourside, Indian Rocks Beach, FL, a one night stay Polar Express Package in St. Louis, MO, various dining, spa and entertainment packages among various other products and services donated by local businesses.
Guest speakers included Dr. Erin Conboy of IUSM who shared information on the diagnostic journey of rare pediatric diseases, Heather Prentice President of INAD Warriors gave updates on the current research landscape, Carolyn Banik of NBIA Disorders Association provided the point of view of a parent of a child with a rare life shortening genetic disorder. And Paige Kays, Warner Kays’ mother, shared the moving story of her son and family’s courageous journey with INAD.
Proceeds from this event are being combined with an additional $30,000 raised by families through NBIA Disorders Association and will be used to issue a $100,000 grant toward future research in INAD.
“We were overwhelmed by the outpouring of support from our community and local businesses. We will use the momentum to help us accomplish our goal of raising at least $100,000 annually to reach our goals of raising awareness of this terrible rare disease, help families burdened by it, and help researchers one day find a treatment or cure.” said Heather Prentice, President.
“We extend our heartfelt gratitude to INAD Warriors, Inc. for orchestrating the remarkable Blue Ties and Diamonds Gala. This partnership holds great promise, and we’re committed to working hand in hand in the years to come, as we collectively strive to bring us closer to our mission of treating and ultimately finding a cure for NBIA disorders. We are equally thankful to the Gala attendees for their remarkable support. Your generosity inspires us, reinforcing our belief that together, we can make a significant difference in the lives of those affected by NBIA disorders. Thank you for standing with us on this important journey.” – Amber Denton, President of NBIA Disorders Association
ABOUT INAD WARRIORS, INC.
INAD Warriors, Inc. is a nonprofit inspired by Warner Kays’ courageous journey. The INAD Warriors, Inc. mission is to raise awareness in the global community about infantile neuroaxonal dystrophy (INAD) and the related PLA2G6 gene disorders. Through grassroots fundraising we are empowering the research community to find the first approved treatments to slow progression and potentially one day cure this ultra rare disease.
ABOUT INAD
Infantile Neuroaxonal Dystrophy (INAD) is an ultra-rare (<200 worldwide) inherited neurodegenerative disorder. It destroys axons, the part of the neuron (nerve cell) that carries messages from the brain to other parts of the body through build up of fatty substances (lipids) on the nerves. In the beginning a child with INAD will appear to be developing normally. But around the ages of 6 months to 3 years developmental milestones will begin to slow down and regress. Some of the first signs and symptoms may be changes in a child's vision, loss of motor skills, and developmental regression..
ABOUT NBIA DISORDERS ASSOCIATION
Established in 1996, the NBIA Disorders Association provides vital support to NBIA families, educates the public, and collaborates with researchers worldwide. As leaders in family support, they maintain an informative website and host biennial International Family Conferences, fostering connections and promoting knowledge-sharing within the community. To date, NBIA Disorders Association has contributed nearly $3 million in research grants worldwide, dedicated to finding treatments and cures for all NBIA disorders.
AutoText AI has recently announced that they have secured an undisclosed amount in their pre-seed fundraising round. AutoText AI is an AI/ML-based digital marketing platform where digital marketers, solopreneurs, start-ups, and SMBs can perform all digital marketing tasks in one place. The funding enables AutoText AI to add more features to its product, launch new customer-friendly plans, and expand its market reach. Divakar Shukla, AutoText AI’s CEO states, “AutoText AI’s goal is to democratize digital marketing and ensure that no start-up or any business fails because of sub-par marketing efforts.”
AutoText AI Pvt Ltd is registered in Delhi, India in April 2023. It launched its “Free” plan in mid-June 2023 and the “Basic” plan at the end of June 2023. The company was bootstrapped till August 2023 when it secured a pre-seed funding amount from two different investors, one based in southeast Asia and one in India. “It’s exciting to hear first-hand how customers realize the benefits of AutoText AI’s platform. This is why the AutoText AI team has seen its customers rapidly adapt the platform for their end use,” said the investor based in India. “I continue to be excited to partner with AutoText AI and look forward to supporting Divakar and the team as they change the game for how an AI/ML-based digital marketing platform creates marketing intelligence,” says the investor based in southeast Asia.
Digital media (DM) marketing of a product or service includes brainstorming, textual and graphical content creation, posting and scheduling the content on various social media (SM) platforms, and analyzing the performance of posts in tandem. The analysis results pave the way for the next campaign design. All these tasks need either human experts or different software. Smaller businesses and start-ups often cannot bear such costs and hence compromise upon standard marketing. AutoText AI is a user-friendly MarTech SaaS product developed using AI and ML technologies to perform all digital marketing tasks in one place. This all-in-one SM marketing workspace is a super resource and cost-saving tool designed for all digital marketers.
“We want every digital marketer, be it a start-up owner, a solopreneur, or any other business owner, to have access to a digital marketing tool that makes the tasks easy and brings savings to the business. Owners can use their time and money saved using AutoText AI in other fields of their business,” said Dr. Ruchika Yogesh, COO and Co-founder of AutoText AI.
About AutoText AI AutoText is a MarTech platform designed to facilitate marketers to get the desired output in their chosen language with the least effort. This platform provides a smooth transition between its features (content writing, posting, scheduling, fetching analytics from different platforms, presenting on the dashboard, analyzing SM post-performance data, and synthesizing data to give recommendations) making digital media marketing hassle-free, cost and time effective. It is a self-learning marketing intelligence platform that provides a plug-and-play system trained by the successes and failures of a large number of past marketing campaigns.
This all-in-one digital marketing platform is available for subscribers on a “freemium” model where a subscriber uses the platform for free utilizing a particular number of credits during a period of one month. The subscriber can upgrade the plan to enjoy advanced features. In case the subscriber does not choose to upgrade, free credits are generated again at the end of the month ensuring stickiness of the subscriber and addition of more data into the pool.
AutoText AI is an all-in-one workspace enabling business owners/marketers to reduce resource costs and execution time by 80-90% compared to conventional digital marketing.
DWARKA, India – Oct. 19, 2023 – PRLog — AutoText AI has recently announced that they have secured an undisclosed amount in their pre-seed fundraising round. They empower digital marketers, solopreneurs, start-ups, and SMBs with an AI/ML-based digital marketing platform to perform all digital marketing tasks in one place. The funding enables AutoText AI to add more features to its product, launch new customer-friendly plans, and expand its market reach. Divakar Shukla, AutoText AI’s CEO states, “AutoText AI’s goal is to democratize digital marketing and ensure that no start-up or any business fails because of sub-par marketing efforts.”
AutoText AI Pvt Ltd is registered in Delhi, India in April 2023. It launched its ‘Free’ plan in mid-June 2023 and the ‘Basic’ plan at the end of June 2023. The company was bootstrapped till August 2023 when it secured a pre-seed funding amount from two different investors, one based in southeast Asia and one in India. “It’s exciting to hear first-hand how customers realize the benefits of AutoText AI’s platform. This is why the AutoText AI team has seen its customers rapidly adapt the platform for their end use,” said the investor based in India. “I continue to be excited to partner with AutoText AI and look forward to supporting Divakar and the team as they change the game for how an AI/ML-based digital marketing platform creates marketing intelligence,” says the investor based in southeast Asia.
Smaller businesses and start-ups often cannot bear standard digital marketing costs, compromising upon standard marketing. AutoText AI is a user-friendly MarTech SaaS product developed using AI and ML technologies to perform all digital marketing tasks in one place. This all-in-one SM marketing workspace is a super resource and cost-saving tool designed for all digital marketers.
“We want every digital marketer, be it a start-up owner, a solopreneur, or any other business owner, to have access to a digital marketing tool that makes the tasks easy and brings savings to the business,” said Dr. Ruchika Yogesh, COO and Co-founder of AutoText AI.
About AutoText AI (https://autotext.app)
AutoText is a MarTech platform designed to facilitate marketers to get the desired output in their chosen language with the least effort. This platform provides a smooth transition between its features (content writing, posting, scheduling, fetching analytics from different platforms, presenting on the dashboard, analyzing SM post-performance data, and synthesizing data to give recommendations) making digital media marketing hassle-free, cost-and time effective.
This all-in-one digital marketing platform is available for subscribers on a ‘freemium’ model where a subscriber uses the platform for free utilizing a particular number of credits during one month and can upgrade the plan to enjoy advanced features.
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