Neura Raises $11M in Series A

What does Neura do?

Neura, is smarter technology, powered by Trust. Its technology enables personalization for the Internet of Things. It enriches your product with personalized insights from the lives of people who use them. The company recognizes behavior patterns, creates actionable triggers from IoT data and allows users enhancing their personal technology with those triggers. The company helps people use data collected by their devices, for the purposes which directly benefit them, while protecting their personal information. The company’s technology can be used for enabling smarter, music services, cars, healthcare and homes by computing a constantly updating portrait of user behaviour patterns. The company provides insight about the past of the users and their present actions and the predictions about what they will be doing next. The company’s technology is a big step towards a environment where devices not just connect to each other, but they adapt themselves to the users and their habits.

How much Neura was funded?

Neura raised $11M in Series A on January 18, 2016 from Ofir Azury, Liberty Israel Venture Fund, Lenovo, AXA Strategic Ventures and Pitango Venture Capital.

Previous funding

• $20k on April 15, 2013 from UpWest Labs
• $2M in undisclosed round on April 8, 2014 from Isaac Applbaum, SingTel Innov8, Ben Narasin, Triple Point, Greenhouse Capital Partners, Ofir Azury and Pitango Venture Capital.
• Undisclosed amount on August 12, 2014 from Microsoft Ventures Accelerator Seattle
• Undisclosed amount on March 9, 2015 from Microsoft Ventures

What is next for Neura?

The company plans to use the new funding raised for promoting SDK, strike partnerships with tech companies and for hiring more employees.

More about Neura

Neura was founded in 2013 by Triinu Magi, Ori Shaashua and Gilad Meiri. It has its headquarters in Sunnyvale, CA. This is a service which works as a standalone application and can be integrated into other devices or applications.