News Article

Artificial Intelligence Startup Clinc Closes $1.2M Funding
Date: Aug 04, 2016
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Featured firm in this article: Clinc Inc of Ann Arbor, MI

Clinc, an Ann Arbor, Michigan-based artificial intelligence startup that built Lucida, an open source intelligent personal assistant, closed a $1.2m round of funding.

The round was led by Ann Arbor-based eLab with participation from Chicago-based Hyde Park Venture Partners and Ann Arbor-based Cahoots Holdings. It was complemented by a $225k National Science Foundation grant which brought the total amount raised by the company to $1.45m.

The investment will enable Clinc to continue development of its deep learning platform and ecosystem of A.I. engines.

Founded in 2015 by University of Michigan professors Jason Mars and Lingjia Tang, Clinc provides Lucida, an open-source intelligent assistant and machine learning research platform already used all over the world for both research and production systems. It allows developers and the open-source community to create and deploy personalized voice and vision-based intelligent assistants in applications beneficial to society -- such as non-profit education and improving technological access for the disabled.
As part of the grant, the company will also focus on building scalable infrastructure to power the massive amounts of computation required to power deep learning intelligent assistant technologies.