By ET Bureau - November 24, 2022 1 Mins Read
Acerta Analytics, a provider of advanced analytics solutions that use ML/AI to transform complex product data into useful insights, has raised USD 8M (USD 10.4M CAD) in a Series B round of funding.
The funding will be used to speed up Acerta’s mission of delivering practical insights that boost global precision manufacturing’s operational effectiveness and product quality. With participation from current investors OMERS Ventures and StandUp Ventures, BDC Capital’s Industrial Innovation and Thrive Venture Funds led the round.
The LinePulse platform from Acerta uses machine learning and artificial intelligence to assist businesses in utilizing their data for useful insights into the manufacturing of vehicle parts.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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