Wednesday, May 4, 2016 5:19:00 AM PDT | VentureDeal
Franklin, Tennessee -- Computing technology company Digital Reasoning has landed $40 million in its fourth round of institutional venture capital financing.
Digital has developed what it calls "cognitive computing" that helps its customers solve computing problems through the use of intelligent assistants. Lemhi Ventures (Tony Miller) and Nasdaq (Adena Friedman) co-led the round, was also included Goldman Sachs and HCA. The company said it would use the funding to accelerate its R&D efforts across a variety of major verticals. CEO Tom Estes founded the firm in August 2000 while at college.
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