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Startups: Focus on DeepCube, FortressIQ

FortressIQ offers the Process Discovery platform, incorporating AI to obtain data-driven insights about current state tasks and processes, seeking opportunities for automation.

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FortressIQ Announces $30 Million in Series B Funding, Building AI to Decode Work

SAN FRANCISCO – May 13, 2020 – FortressIQ, the company delivering human-level observability into the processes behind every strategic business initiative, today announced it has received $30 million in series B funding led by M12, Microsoft’s venture fund, and Tiger Global Management, with participation from earlier investors Boldstart Ventures, Comcast Ventures, Eniac Ventures, and Lightspeed Venture Partners.

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RPA startup FortressIQ raises $30 million

Robotic process automation (RPA) startup FortressIQ today announced that it raised $30 million, the bulk of which founder and CEO Pankaj Chowdhry said will be put toward product research and development. It comes after the formation of a partnership with Microsoft and a new integration with Power Automate, Microsoft’s workflow automation creation platform, which rebranded and relaunched last November.

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