Diveplane Raises $25M in Series A Funding
- Diveplane, a Raleigh, North Carolina-based company keeping humanity in artificial intelligence (AI), raised $25M in Series A funding
- Backers included Sigma Defense LLC, a portfolio company of Sagewind Capital, Shield Capital, Calibrate Ventures and L3Harris Technologies
- As part of the agreement, Philip Bilden, Managing Partner of Shield Capital, will join the company’s board of directors
- The company intends to use the funds to invest further in its AI solutions, while facilitating targeted growth to meet increased market demand
- The company helps businesses and government organizations concerned with data privacy to better understand and leverage the power of their data through AI tools that are trainable, interpretable and auditable
- The company’s solutions are designed around the principles of predict, explain and show, creating user confidence that operational decisions are built on a foundation of fairness and transparency
