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The Tel Aviv-based company has developed a monitoring system on a multi-cloud environment which continuously tracks the availability and performance of third-party IT services.

CognitOps, an Austin, Texas-based global provider of artificial intelligence-based warehouse operating applications, raised US$11m in Series A funding. The round was led by FirstMark Capital with participation from Chicago Ventures, Schematic Ventures, Haystack, and CEAS Investments. In conjunction with the funding, Beth Ferreira, Partner at FirstMark, will join the CognitOps Board of Directors. The company intends to use the funds to expand internationally, increase sales capacity, and expand product development. Led by Alex Ramirez, Co-founder and CEO, and Reas Macken, Co-founder and Chie...

American IT company CognitOps raises $ 11 mln, creates development center in Ukraine 2 min read U.S.-based IT company CognitOps, a provider of artificial intelligence-based warehouse applications, announces raising $ 11 million within the Series A funding round. "CognitOps, a global provider of artificial intelligence-based warehouse operating applications, announces today that it has raised $ 11 million in a Series A round of financing. FirstMark Capital led the investment round, with all of the company's major investors participating, including Chicago Ventures, Schematic Ventures, ...

Three Austin-based technology startups have raised a combined $22.5 million in three separate funding deals this week.  CognitOps, an artificial intelligence startup focused on warehouse operations, has raised $11 million, robotics company Harmonic Bionics raised $7 million and Expressable, a digital speech therapy startup, raised $4.5 million.  CognitOps makes a platform that automates and augments existing warehouse management processes using machine learning and artificial intelligence. CEO Alex Ramirez and chief operating officer Reas Macken founded the company in 2018 after workin...