- Virtualitics Inc., a Pasadena, Calif.-based AI-driven data analytics software company, closed a $18m Series B funding
- The round was led by North Sound Ventures with participation from existing investors Centricus and The Venture Reality Fund
- In conjunction with the funding, Brian Miller, Chief Investment Officer of North Sound Partners, has joined Virtualitics’ Board of Directors
- The company intends to use the funds to expand its business with the defense industry as well as accelerating and increasing engagements in commercial markets
- Virtualitics provides a SaaS AI-driven data analytics and 3D visualization platform that lets anyone discover and communicate actionable insights from complex data quickly
- Virtualitics’ patented technology is based on research at California Institute of Technology and NASA’s Jet Propulsion Laboratory (JPL)