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Cloudforce secures $10 million to expand AI platform across education and healthcare

Crypto Briefing
Cloudforce raised $10 million in Series A funding led by Owl Ventures to expand its secure AI platform, nebulaONE, into education and healthcare.

Summary

Cloudforce, an AI company specializing in the Microsoft cloud ecosystem, has secured $10 million in a Series A funding round led by Owl Ventures, with participation from Microsoft’s venture fund, M12. This investment will fuel the global expansion and scaling of its flagship product, nebulaONE, a secure AI platform currently used by over 90 institutions worldwide, including major universities. Owl Ventures noted Cloudforce's success in reengineering AI infrastructure for higher education while balancing security and user experience. CEO Husein Sharaf stated the goal is to make leading AI models accessible without high fees or compromising private data. The involvement of M12 provides Cloudforce direct access to Microsoft's enterprise resources, enhancing its ability to deploy private cloud AI solutions, particularly across the education and healthcare sectors.

(Source:Crypto Briefing)