Sunnyvale, CA, Jan. 8, 2019 – Enterprise AI solutions company CrowdANALYTIX today announced that it has secured a significant strategic investment from Macnica, a leading global supplier of semiconductors, electronic components, network equipment, and software products in the electronics and IT markets. The investment will enable CrowdANALYTIX to venture into the important Japanese market as well as several new industry sectors, including manufacturing and healthcare, where Macnica has a strong presence.
Founded in 1972 in Tokyo, Macnica is a subsidiary of Macnica Fuji Electronics Holdings, Inc. (TYO: 3132). The company has 3000 employees in 22 countries including Japan, China, Asia, North America, South America, and Europe. After seeing CrowdANALYTIX’s unique capabilities as a leading enterprise AI platform and its strong growth trajectory, Macnica decided to make the investment as part of a broader corporate initiative to expand its AI business segment.
“Artificial intelligence is transforming every industry as we know it and CrowdANALYTIX stands out as a clear leader driving the underlying technology innovations,” said Kiyoshi Nakashima, president of Macnica. “We look forward to incorporating CrowdANALYTIX’s AI solutions into our enterprise offerings and to helping our clients gain sharper competitive advantages in the marketplace.”
Since the company was founded in 2012, CrowdANALYTIX’s AI system has matured into an end-to-end, multi-industry platform capable of solving business and data challenges for a wide range of global enterprises. Leading Fortune 50 organizations rely on the CrowdANALYTIX platform to build, deploy, scale and maintain AI solutions rapidly and with great precision.
“Macnica’s strategic investment validates the huge market potential of our industry-leading AI platform,” said Divyabh Mishra, CEO and founder of CrowdANALYTIX. “We look forward to deepening our synergy with Macnica in cultivating joint customers, developing complementary technology offerings, and expanding globally together.”
About CrowdANALYTIX:
CrowdANALYTIX is an AI platform that offers scalable AI solutions for global enterprises across industries with a focus on retail, CPG, healthcare, and manufacturing. The platform consists of a machine layer called dataX and a human layer called CAX. dataX provides the tools needed to build and deploy solutions, and CAX provides access to a community of data scientists to build and tune AI models. Based in Sunnyvale, CA, the company is backed by Accel Partners, SAIF Partners and Macnica.